Small 401(k)Plans are expensive to administer. You may want to call Strong Funds or use an insurance company product. Principal Financial is the largest writer of 401(k) plans and has a small employer product. Other vendors are American United Life, Guardian, and Standard Insurance just to mention a few.Another alternative would be to use a local record keeper and access Schwabs 401(k) product. Keep in mind that your billed fees may be very high. Typically a vendor will uses investment management income to make the record keeping expenses look less.Hope this helpsDon
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