Steidle Pension Solutions (SPS) has announced its 2018 403(b) plan administration schedule, which is only $600 for full service administration and plan document services.
Steidle’s services include calculations, plan valuations, document services, Form 5500 and other services.
“SPS is excited to expand our relationships with advisers and investment professionals in the 403(b) marketplace,” says Keith Steidle, SPS managing director. “Non-profit groups, churches and 501(c)(3) tax-exempt organizations prefer a transparent, straightforward fee structure. Our fee is all-inclusive, so the organization is never surprised by a separate bill for a service that the group didn’t even know was needed. Working with charitable foundations has taught us that eliminating expenses is so important, and if we can help an organization save money, more resources can be allocated to their cause.”
Six groups are calling on the Senate to reject a proposal to allow 403(b) plans to invest in collective investment...
The introduction of the bill comes after a similar proposal was passed by the House of Representatives on March 8.
The total number of 401(k) accounts exceeding $1 million at Fidelity increased in last year’s final quarter.