The ShareBuilder 401(k) carries a flat $15 monthly fee per participant, according to a company news release. There is no employer administrative fee and a .65% annual asset fee.
The portfolios provided by the ShareBuilder 401(k) plan consist exclusively of Exchange Traded Funds. PAi will provide back-end administration for the employer and participant recordkeeping, according to the announcement.
More information can be found at www.sharebuilder401k.com .