Pricing
Morningstar Managed Plan Solutions Fees |
|
| Program Fee | 30bps (Plans less than or equal to $5MM) 25bps (Plans greater than $5MM) |
ASPire Financial Services Fees |
|
PLAN SETUP |
|
| New Conversion |
$1,000 $1,500 |
ANNUAL ADMINISTRATION |
|
| Administration (RK, Compliance, Form 5500) | $2,500 small <100 pp $2,750 large >100 pp |
| Per Participant (w/balance) | $40 |
| Custody | 7bps <$1MM 6bps $1MM to $10MM 5bps >$10MM |
IMPORTANT FEE OFFSETS
ASPire passes 100% of all revenue sharing payments received from investments back to the plans from which they originate. We therefore collect, account for, and return to your plan any revenue sharing payments available from your plan’s investment options. The effect is a reduction in net cost. We give you a report every quarter showing all revenue credits.