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Open Architecture Retirement Plan Platform Through Vanguard Retirement Plan Access™

iQ401k is an “open architecture” retirement plan platform that offers business owners unparalleled flexibility and unique capabilities. Our retirement plans are designed to reduce fees and taxes, which can help businesses acquire new talent*, retain employees**, and grow their company. Investment Fiduciary services are provided by FPLCM, while Vanguard Retirement Plan Access (VRPA) performs Recordkeeper duties. Farmer & Betts will provide most Third-Party Administrator services. We offer multiple custodian options based on the retirement plan structure.

NEW TO 401(K) PLANS?
VARIOUS RETIREMENT PLAN STRUCTURES
“WORLD’S BEST 401(K) PLAN”

*Nearly 90% of participants considered a 401(k) Plan a must-have when looking for a new job according to a Charles Schwab 401(k) Participant Study done in 2023

**Nearly 70% of participants were more likely to stay with an employer that offered a 401(k) Plan according to the same study

Footnotes and Disclosures

Market Strategies International. Cogent Reports^TM US Institutional Brandscape, February 18. Respondents selected Vanguard as one of three plan providers they most associated with being a company they trusted. Cogent research provides custom research, syndicated research products and evidence-based consulting to organizations in the financial services, life sciences and consumer goods industries. This institutional investor survey was conducted independently by Cogent. Vanguard neither commissioned nor paid to be included. Cogent has conducted unrelated, custom market research for Vanguard in the past.
Pensions & Investments, as of December 30, 2020.
Ascensus, Onboarding Client Satisfaction Survey, as of June 30, 2020.

Reduce Your Retirement Plan Fees by 40% to 60% on Average While Lowering Your Taxes

We charge a flat per participant fee for our ERISA 3(38) Fiduciary investment management services while most advisors charge a percentage of assets under management. Flat-fee structure should ultimately benefit most larger plans compared to the percentage of assets fee model. Our flat annual fee is a base fee of $2,500 + $200 per participant. Visit our Fees page for additional information.

A recent study of 525 retirement plans showed that the average annual fee to be 0.52% of assets under management for plans with between $1 million and $5 million in assets. For a 20-participant plan with $3 million in plan assets, that would result in an annual fee of $15,600.

By contrast, that same 20-participant plan with $3 million in assets would cost $6,500 under our flat fee structure, and our fee stays the same even as plan assets grow. Also, our fees can be paid outside of retirement plan accounts, which is generally treated as a tax-deductible expense for the business owner.

iQ401K FEES VS INDUSTRY FEES
iQ401K VS THE INDUSTRY

ERISA 3(38) or 3(21) Fiduciary Services

Plan Design Consulting

Design & Maintain Investment Selection

Design & Manage Asset Allocation Models

Perform Plan Participant Risk Evaluations

Provide Investment Advice for Plan Participants

Design & Maintain Investment Policy Statement

Provide Quarterly Monitoring Reports

Conduct Annual Plan Reviews

Access to Financial Wellness Tools

Assist Plan Fiduciaries with Service Providers

Provide Fee Benchmarking Reports

	iQ401k	The Industry
Flat-Fee Structure	Per Participant	% of Assets Under Management
Fee Payment	Outside of Plan Assets	From Participant Accounts
Open Architecture	Yes	Proprietary Options
Investment Lineup	30 to 40 Funds	10 to 15 Funds
Institutional Funds	Yes	Mostly Non-Institutional
Low-Cost Funds	On Average 0.10% to 0.15%	On Average in Excess of 0.35%
SDBAs	Always	Only Half of Plans
Plan Website	Yes	No

The Smart Way to Manage Your Retirement Plan.