FEES
StraightLine's Pro(k) service is a wise investment for your employees,
especially when you consider that failing to properly manage their
investments could cost them tens of thousands of dollars or more over
the course
of their careers. (See: Even 2% Can Make
a Big Difference.) The annual fee
ranges
from $200 to $500 per employee per year based on the value of the employee's
account. The maximum fee is $500 for accounts with balances over $50,000. There
are no other fees or commissions paid to StraightLine by anyone in
connection with this service.
| ACCOUNT BALANCE |
|
ANNUAL EE |
| |
|
|
| Pro(k) |
|
|
| $0 - $5,000 |
|
$0 |
| $5,001 - $25,000 |
|
$200 |
| $25,001 - $50,000 |
|
$350 |
| $50,001 and above |
|
$500 |
| |
|
|
| ProAdvice |
|
|
| All Accounts |
|
$250 |
The employees typically pay the fee (often directly from their plan account),
although some employers have chosen to pay the fee as part of the compensation
package for all or a select group of employees.
|
