Miscellaneous Fees
Miscellaneous Fees - Plan Sponsor
Paper Participant Welcome Notices
No additional cost to you
Calculation of Corrections or Lost Earnings*
No additional cost to you
ACH Failure During Contribution Processing
No additional cost to you
New Comparability Profit Sharing & Cross Testing (Discounted Rate – Prepaid Service)
No additional cost to you
New Comparability Profit Sharing & Cross Testing (Non-Prepaid Rate)
No additional cost to you
New Comparability Profit Sharing (Hourly Fee)
No additional cost to you
Profit Sharing / New Comparability Catch Up Fee for prior plan year (See Additional Notes about Your Plan’s Fees)
No additional cost to you
Late Audit Opinion Failure Fee
No additional cost to you
Late submission fee for compliance testing & Year end testing revisions
No additional cost to you
Corrective Distribution Fee
No additional cost to you
Voluntary Plan Amendments (See Additional Notes in Section 9)
No additional cost to you
Plan Document Maintenance Program (See Additional Notes in Section 9)
No additional cost to you
Required Plan Amendments for Plans Enrolled in Basic Capital’s Plan Document Maintenance Program (See Additional Notes in Section 9)
No additional cost to you
Required Plan Amendments for Plans NOT Enrolled in Basic Capital’s Plan Document Maintenance Program
No additional cost to you
Plan Restatement Fee for Plans Enrolled in Basic Capital’s Plan Document Maintenance Program (See Additional Notes in Section 9)
No additional cost to you
Plan Restatement Fee for Plans NOT Enrolled in Basic Capital’s Plan Document Maintenance Program
No additional cost to you
Compliance Corrections attributable to Prior Provider or Third Party Applications and Providers (See Additional Notes in Section 9)
No additional cost to you
Participant Search
No additional cost to you
Adding, removing, or changing a Third Party Administrator service provider engaged on a Plan
No additional cost to you
Customized Participant Workshops, White Labeled Participant Education, and Participant Engagement Strategies
No additional cost to you
Supporting plan mergers, spinoffs, and other M&A activity
No additional cost to you
Terminating Basic Capital’s Services (e.g. Plan Cancellation, Deconversion, or Termination)
No additional cost to you
Bank Account Verification Fee
No additional cost to you
ERISA Bond Coverage (if requested)
No additional cost to you
Other Services (for example: complex plan terminations; re-adoptions; re-running of reports due to client error; audit assistance; special calculations for LLP, partnership and sole proprietorships)
No additional cost to you
All details are subject to change. See your service agreement for the binding terms.