Learn More About MDB401k... Key Reasons to Choose MDB401k Product Features & Benefits Pricing Money-back Guarantee Free 401k Software Demo Plan Investments Tour MDB401k Plan Options Plan Conversions Tech Support Q & A Free ERISA 404c Compliance Help Free IRS Reporting Help 401k Basics 401k Glossary About 401k Pro, Inc. Press Room Site Map Legal Notes ------ HOME CONTACT US TO ORDER

 

MDB401k Price List The MDB401k setup fee is a one-time charge MDB01(k) pricing versus that for bundled 401k plans and their 401k plan administration services Everything is included with MDB401k 60-day money-back guarantee Free technical support Free 401k plan conversions Free IRS reporting help No trustee fees Even taxes, shipping and handling are included

MDB401k Price List MDB401k pricing is simple: You pay a one-time $500 plan setup fee upon starting your 401k plan, then pay the applicable annual fee listed below each year you want to use our plan-specific 401k software to run your 401k plan. That's it. All 401k options, services and companion materials are covered, including annual software updates, technical support, 401k plan conversions, and IRS reporting help. PLAN SIZE MDB401k PRICE 1-4 eligible employees $495 a year — complete 5-15 eligible employees $695 a year — complete 16-25 eligible employees $995 a year — complete 26-50 eligible employees $1295 a year — complete 51-75 eligible employees $1495 a year — complete 76-100 eligible employees $1995 a year — complete 101-125 eligible employees $2295 a year — complete 126-150 eligible employees $2495 a year — complete 151-175 eligible employees $2795 a year — complete 176-200 eligible employees $2995 a year — complete more than 200 eligible employees please contact us for quote The first year only, there is also a $500 one-time plan setup and software customization fee. This fee does not vary with plan size. back to top

The MDB401k setup fee is a one-time charge. One of the great things about MDB401k is its adaptability. Our IRS-approved prototype 401k plan includes a host of customization chioces (see below) and our 401k plan administration software includes additional customizeable administrative features. -- Our 401k experts can help you understand your MDB401k plan and 401k plan administration options, so you can make educated decisions as to which are most desireable for your company and its 401k plan. -- Our technical experts code your 401k software with your customization decisions, empowering the software to streamline your plan's 401k administration and automate many of its functions. Customization items include… -- Age, length of service, and other 401k plan participation requirements -- Automatic 401k enrollment options -- Employer matching, profit-sharing and/or qualified nonelective contribution rates, if any -- 401k vesting schedules for any employer contributions -- 401k loan availability -- 401k discrimination testing/401k compliance testing options, including options associated with running your 401k plan as a safe harbor 401k plan, if you so choose See our 401k Order Form for the options currently available under each of these 401k customization items, or go to our Plan Options page to view a chart listing the 401k options currently allowed by the IRS and the options we typically recommend for most MDB401k small business 401k plans. Additional Changes You don't ever have to feel locked in to your 401k plan customization decisions with MDB401k. For instance, some companies choose to exclude 401k loans in the early years of their plan, then add the option in at a later date. -- We can modify your 401k plan and 401k plan administration software for you at any time. However, we reserve the right to charge for changes initiated by you that require us to recustomize your 401k software and/or official 401k documents. The maximum charge for recustomization work is $300. back to top

With MDB401k you save an average of 60% to 80% — every year! According to HR Investment Consultants in Towson, MD, publisher of the "401k Provider Directory, "the cost of running a 401k plan with 25 participants and $750,000 in assets can range from as little as $6,750 per year to as much as $20,000, depending on which 401k vendor you select. (Sources: Nation's Business, September 1998, Myers, Randy "Your 401k Plan May Cost You Too Much." Business Week Online, July 2000, Brenner, Lynn "A Wealth of Choices.") -- A MDB401k 25-participant plan costs only $995/yr (plus the first-year-only, one-time setup fee of $500) -- The national average for a 25-participant plan is a whopping $6,750/yr to $20,000/yr — plus plan setup fee and minus the flexible 401k options that are all free with MDB401k plans!

MDB401k pricing versus that for bundled 401k plans and 401k plan administration services. We compared the cost of a complete, fully-customized MDB401k system with the cost of bundled 401k plans offered by a broad cross-section of major national vendors that allow for self-directed discount brokerage accounts. -- It's not a perfect comparison, of course: Their 401k plans include off-site 401k administration, ours include Mydiscountbroker.com investments, superior plan flexibility, superior asset security, monthly (not quarterly, or worse yet, annual) employee statements, monthly (not semi-annual or annual) compliance testing (and with results in seconds), IRS 401k reporting help, a 60-day money-back guarantee…. -- We found that MDB401k clients save an average of 60% to 80% a year off the lowest priced national vendor's bunded 401k plan. That's a savings of 60% to 80% for perhaps 15 mintues of easy work a month… back to top

Everything is included with MDB401k. MDB401k includes EVERYTHING you need to provide your company with a great 401k plan right from your basic PC computer in about 10 to 15 minutes a month (for most small business 401k plans). MDB401k includes… An IRS-approved prototype 401k plan Our IRS-approved prototype 401k plan is replete with 401k plan customization options that enable your company to have a 401k plan that's truly a benefit. 401k software We customize our powerful yet easy-to-use 401k plan administration software to the exact 401k plan and 401k plan administration customization options you choose for your plan. The customization information works in conjunction with the up-to-date IRS and other governing regulations programmed into your software to streamline your 401k's operation while keeping you apprised of your plan's health and growing wealth. You receive an updated software package every year with built in safeguards against running your 401k plan under the wrong year's regulations. 401k help You receive free, professional help with understanding your 401k plan and 401k plan administration customization options as well as with running your 401k plan using MDB401k. Plan operation help includes a fantastic 401k User's Guide as well as free technical support. 401k investments The entire lineup of Mydiscountbroker.com self-directed discount brokerage account 401k investments is at your disposal with MDB401k, and your 401k plan participants enjoy all the features and benefits of using Mydiscountbroker.com self-directed discount brokerage accounts. Plan-specific 401k forms and materials Our plan-specific 401k participation and employee education forms and materials explain 401k concepts (401k loans, 401k enrollment, 401k investing, etc.) to your employees while gathering the data needed from them to run your company plan. Included is an introductory slide show in convenient video format for introducing your employees to 401k plans and their tremendous savings potential. IRS reporting help Our 401k FedForms CD shows you annotated versions of all the 401k-related federal reporting forms and schedules (Form 5500, 1099-R, etc.) that tell you where within your 401k software to locate requested information. 401k FedForms even includes ready-to-complete Summary Annual Reports that take just moments to complete! back to top

60-day money-back guarantee MDB401k comes with a 60-day money-back guarantee on everything but the $500 one-time setup fee. Because the setup fee is non-refundable, we created a fully functioning demo version of our 401k software for people to try out before they order their actual MDB401k plan and 401k plan administration system. -- The 401k software demo is just like "real" MDB401k plan administration software, only it has been customized to service a fictitious company's 401k plan. Nearly every 401k administration feature is activated, and there's an interactive tour to help get you started. -- Try out our 401k software for FREE: Download our 401k software demo from this website, or... -- Have us mail you a copy on CD-ROM. There's a $35 fee to cover our costs, but if you thereafter purchase MDB401k we'll apply the 401k demo fee to your purchase. back to top

Free technical support MDB401k includes an easy-to-read yet comprehensive 401k User's Guide that tells you how to run your company 401k plan using MDB401k. -- If you ever have any questions, we're here to help! Our tech support phone number is listed at the front of your MDB401k User's Guide, or you can e-mail us at suppport@myez401k.com. back to top

Free 401k plan conversions MDB401k can accommodate new or already existing 401k plans of any size — and there's no charge for us to convert an already-existing 401k plan for use with MDB401k. -- See our 401k Conversion Plan Order Form for a listing of all the plan customization options available with MDB401k! back to top

Free IRS reporting help MDB401k includes free help with your 401k-related federal reporting. -- Our 401k FedForms CD-ROM shows you annotated versions of the relevant year's 401k-related federal reporting forms and schedules (Form 1099-R, the 5500 series, etc.). -- 401k FedForms contains both popup instructions and printable annotations that tell you where within your 401k software to locate requested information. -- 401k FedForms even includes ready-to-complete Summary Annual Reports that take just moments to complete! -- Click here to view some sample pages from our 401k FedForms for 2000-2001. back to top

No trustee fees MDB401k plans are IRS-approved as employer-trusteed, which means you never have to hire — and thus never have to pay — any 401k trustees. -- Trustee fees in other 401k plans can add up to hundreds of dollars a year. Just one more area of savings with MDB401k! back to top

Taxes, shipping and handling included All MDB401k prices include taxes, shipping and handling. When we say "everything is included," we mean it! back to top

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