Our Fee Philosophy
What is FINTECH?
FINTECH stands for financial technology: innovative tools & resources that help financial service providers, like us, deliver financial service products in a smarter, and more efficient way. At 401TK.com, we’re a FINTECH company with a clear mission: lower fees for everyday hardworking people, like the community and household TK grew up in, so everyday people can keep more of their money working for them.
Why We CHARGE
LESS?
Technology has advanced dramatically over the past decade, making financial services providers smarter, and more efficient. But, from our perspective, advisor fees remain stubbornly high and we're here to challenge that notion. We have Two Distinct Goals:
-
Help lower advisor fee benchmarks (www.LOWEROURFEES.com - this page).
-
Educate everyday people about personal finance (www.401TK.com).
How We Lower Fees For:
EMPLOYERS
HELPING EMPLOYERS LOWER RETIREMENT PLAN FEES
ARE YOU A LEADER OF A BUSINESS OR NON-PROFIT?
DO YOUR DECISIONS IMPACT OTHER EMPLOYEES' RETIREMENT?
WE'D LIKE TO SHOP YOUR PLAN, ON YOUR BEHALF - FOR NO FEE ($0)!
How We Lower Fees For:
INDIVIDUALS
AFFORDABLE IRA SOLUTIONS WITHOUT HIDDEN FEES / COMMISSIONS
IRA CUSTODIAN: We engage Charles Schwab, as the custodian for IRA accounts. For context, custodians are where the investor experience happens—it’s where your assets are physically held, where statements come from, and where your account is securely maintained. While this may change in the future, we choose Schwab because of its institutional strength, security, and $0 custody fees. This partnership gives you access to the full universe of mutual funds and ETFs while keeping costs as low as possible for you.
IRA ADVISORY FEE SCHEDULE
ASSETS
FEE
$0 - $1,000,000
0.75%
$1,000,001 - $2,000,000
0.50%
$2,000,001 - $5,000,000
0.25%
$5,000,001 and above
0.10%
Our fees are so competitive, they might surprise you. But technology makes us more efficient, so we simply charge less.
We believe it’s the right thing to do.
DO YOU HAVE, OR NEED, AN INDIVIDUAL RETIREMENT ACCOUNT?
DOES THE SOUND OF LOWER ACCOUNT FEES SOUND APPEALING?
WE DESIGN LOW-COST ETF IRA PORTFOLIOS - WITH NO COMMISSIONS!
INDIVIDUAL RETIREMENT ACCOUNT (IRA) FEE STRUCTURE
If you like what you see here, wait until we look under the hood.
We offer businesses and individuals an introductory, no-fee review where we’ll compare your current costs to ours and show how those savings—along with our fund mapping recommendations—could make a big difference in retirement.
Contact us today!