No. of Recommendations: 2
You can set up a SEP with Vanguard, Scottrade and any of several dozen other companies. They all want your money. Rather then looking at the fees associated with the SEP itself, you might be much better off to look at fees and returns on your investments.

If you are going to invest in mutual funds, do some serious reading about fees. If you are going to invest in stocks, you will have to do some work at stock selection and the one item that is more important the stock selection - stock selling. Very little written about that one!

I happen to have a SEP with Schwab. I made that choice because they happen to have a wide selection of Mutual Funds (most companies do), they have reasonable fees (like zero for a large number of mututal funds if I keep the investment more then 180 days) most importantly when something goes wrong or when I need help to deal with an abnormal situation - I have found these people can be reach by phone anytime and I get treated fairly. I am not saying other companies do not do the same - I am saying however you really will find out how good the company you choose is when something bad happens - and yes something untoward will happen someday.

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