Manage your business's 401(k) with low monthly fees and no extra costs for plan setup, transfers, or 5500 preparation.1
Plus, you may be eligible for up to $16,500 in tax credits2 to help offset plan costs.
Employers pay a flat monthly base fee and a flat monthly participant fee based on the number of active participants in the plan. Learn more.
Monthly payments aren’t due until after your plan is active and the first contributions have been made.
All 401(k) participants pay an account fee, as chosen by the plan sponsor. It’s based on their account assets, and ranges between 0.15% and 0.35% depending on the plan tier and pricing selected.6 When an employee leaves your company, they will also be responsible for a $4/month account fee after a 90-day grace period if they maintain a balance.
See our Fees Summary for more information on our fees.
Yes. All plans let employees choose to make contributions to a Traditional 401(k) for pre-tax saving, a Roth 401(k) for post-tax saving, or their own combination of both.
You only pay for active employees who are currently employed by your company and are participating in the 401(k) plan. When an employee leaves your company, they will be responsible for any charges on the account.
Former employees who have balances in your 401(k) plan are charged a $4 monthly base fee. Accrue starts charging this fee after an initial 90-day grace period following termination of employment, or after the end of the blackout period if the retirement plan was recently transferred to Accrue from another 401(k) provider. The monthly account base fee is deducted from their account for any month during which the month-end account balance is greater than $0. Former employees will continue to pay the applicable account fee (0.08%-0.35%, as chosen by the plan sponsor) based on their account assets.1
We don’t charge a termination fee if you decide to terminate your Accrue 401k plan.10
Accrue accepts credit cards as a payment method for your monthly plan billing. You can set this up from the Plan Settings page once you’ve logged in to your new account. See our Help Center for more information on how to set this up.
Starter plans must be connected with one of our full integration payroll providers:
Our 3(16) fiduciary services are only available to clients who utilize a fully integrated payroll or supported payroll: