Colorado Secure Savings Program starts in 2023 Requirements

Transparent. Reasonable. Competitive.

Our fee-structures are designed to be simple & fair - consisting of a base monthly Plan Administration & Compliance fee as well as a monthly Recordkeeping charge for each employee participating in the Plan.  Additionally, we charge a modest asset-based fee that underwrites all of our services and declines as Plan assets accumulate.  We can structure plans within our Pooled Employer Plan (PEP) or on a traditional "stand-alone" basis; whereby we've created three distinct prototype plan designs, to streamline the decisions required to establish a workplace retirement savings plan for your business.

 

Auto401k

Safe Harbor

Complete

       
Base Fee $99 / month $199 / monthly
Participant Fees Varies by headcount Varies by headcount
Plan Structure PEP Stand-Alone
Includes Plan Concierge Service Yes Yes
Includes 3(16) Plan Administator Yes Optional
Includes 3(38) Investment Manager Yes Optional
Best suited for... Businesses looking for a simple, cost-effective alternative to the State Auto-IRA. Businesses looking for the most configurable solution that allows specialized Profit Sharing allocations.
Things to consider... Consider excluding Highly Compensated Employees (HCEs) to avoid annual non-discrimination testing issues. Safe Harbor Match election will enable Owners & HCEs to max-out their personal annual contributions.

Curated Investment Bundles

Expense Efficient

These Investment Options have been selected to represent the least expensive investment vehicles available in the marketplace. The line-up primarily consists of passively managed index mutual funds that provide broad market exposure, with a focus on minimizing management expenses. The line-up spans fixed income to domestic and international equities, as well as includes a full suite of Target Date Funds - as the Qualified Default Investment Alternatives (QDIAs).

Average Expense Ratio = 0.13%

Hybrid

These Investment Options have been selected from the two other bundles to represent a combination of both approaches. The line-up consists of both active and passively managed mutual funds that enable participants to focus on the attributes most important to them. The line-up spans fixed income to domestic and international equities, as well as includes both Target Date Funds and risk-based allocation funds; whereby the QDIA is a "Balanced" fund.

Average Expense Ratio = 0.37%

Performance Optimized

These Investment Options have been selected to represent the top performing investment vehicles available in the marketplace. The line-up primarily consists of actively managed mutual funds from highly respected money managers, with a focus on delivering the greatest pure performance. The line-up spans fixed income to domestic and international equities, as well as includes a full suite of Target Date Funds - as the Qualified Default Investment Alternatives (QDIAs).

Average Expense Ratio = 0.61%