Flat Fee Approach to Qualified Retirement Plans
iQ401k is FPLCM’s open-architecture qualified retirement plan platform designed for businesses seeking more flexibility and control over their 401(k) plans. We’ve taken a similar flat-fee approach to 401(k) plans and clients typically experience cost savings of around 40% to 60% while also reducing taxes for their businesses. Some of the key plan design features include:
- Low-Cost Index Funds
- Asset Allocation Models
- Self-Directed Brokerage Accounts (SDBAs)
- Private Fund Access
- Cash Balance Plans
- Roth 401(k) Deferrals
- Mega Backdoor Roth
- Loans
Flat-Fee, Open Architecture Platform
The Smart Way to Manage Your Retirement Plan
QUALIFIED RETIREMENT PLAN ADVANTAGES
- “Superfund” Retirement Savings: Contribute up to $452,500 for 2024 with a 401(k) PSP and a Cash Balance Plan combo.
- Lower Your Taxable Income: Contributions lower your taxable liabilities, and plan fees qualify as a tax-deductible expense.
- Asset Protection: ERISA-qualified plans offer unlimited asset protection from creditors, bankruptcy, and civil lawsuits.
- Improve Employee Morale: Retirement benefits incentivize current employees and help attract top talent.
401(k) PLAN FRAMEWORKS
- Participant-Directed Account (PDAs): An industry common plan framework that utilizes the Vanguard Retirement Plan Access (VRPA) platform.
- Pooled-Asset Plans: A cost-effective solution for smaller businesses.
- Self-Directed Brokerage Accounts (SDBAs): A robust plan framework that offers the most flexibility.
