AndyH Posted November 21, 2002 Posted November 21, 2002 Maybe I'll be breaking new ground, so I'll ask the question carefully: What are market surcharges for administration of cross tested ps/401(k) plans, as opposed to, for example, integrated profit sharing plans, i.e. what might a typical testing fee be? I've seen $250 to $750. I'm not asking what you charge, just what charges you have seen or heard.
Fred Payne Posted November 22, 2002 Posted November 22, 2002 I've seen charges by an attorney for conducting the cross-test at $500 for plans with 50 or less participants and $1,000 is 51 or greater. The TPA is to accept the cross-test (and presumably the atty's determination of the coverage group) as gospel.
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