Our affiliate Pension Service Associates (PSA) specializes in full-service 401ks for companies of all sizes.

Pension Service Associates (PSA) has been a trailblazer in the 401k industry for decades, concentrating on the largely-ignored 401k needs of small and mid-sized companies. PSA has created an affordable line of full-service plans called the Advisors 401(k) Solution that couples your NASD-Registered Representative or SEC-registered Investment Advisor with top-notch full service administration from PSA.

PSA's Advisors 401(k) Solution is adaptable to companies of any size. Smaller-company full-service plans are NEVER truncated versions of big company plans.

PSA's full-service 401k plans see participation rates that are often nearly TWICE the national average. Investment choice, prompt service and plan flexibility play a major role in the popularity of Advisors 401(k) Solution plans.

Advisors 401(k) is the next evolution of PSA's forward-thinking approach to 401k plans. Designing plans that meet today's businesses' needs within realms adaptable to tomorrow's keep PSA's Advisors 401(k) Solution always under PSA's 401k expert eyes, continually evaluating additional features and services that might better serve full-service clients and their employees.

If you are converting a run-it-yourself Advisors 401(k) to a PSA Advisors 401(k) Solution, the designated broker of record you previously selected for your Advisors 401(k) can, at your discretion, remain as the designated broker of record for your new PSA full-service Advisors 401(k) Solution. 

Quality + flexibility + affordability = PSA's Advisors 401(k) Solution (and that's not your typical full-service equation!)

Quality Administration
Of course PSA processes each month's 401k contributions for you if you have a PSA full-service plan, but PSA administration also means quick response times to your plan administrator's and plan participants' requests.

Flexible Plan
As with Advisors 401(k) run-it-yourself plans, with PSA full-service plans your company has tremendous flexibility over its plan's particulars. The IRS-approved prototype plan allows for a broad spectrum and combination of options. All of today's most popular choices are available.

Customization flexibility for your PSA full-service plan means your company gets the 401k most suited to its needs:

You designate your plan's participation eligibility requirements.

You designate your plan's employer matching contribution formula -- or choose not to make matching contributions.

You designate the vesting formula to be applied to any matching contributions being made to your plan.

You designate your plan's investments. There's a huge array of hundreds of mutual fund families and/or participant-directed brokerage accounts to choose from.

There's no limitation on the number or foundry of mutual fund investments you can offer, so you can make sure your plan has the investment flexibility needed to meet present and future needs.

You write your plan's loan policy. PSA can help you formulate that policy -- at no extra charge.

You decide if you want to use automatic enrollment for your plan, and if so, you choose the default investment choice and contribution level.

Your plan is never limited by minimum participation numbers (it does, of course, have to pass federally-mandated annual compliance testing)

Affordable Service
No 401k is as affordable as an Advisors 401(k) run-it-yourself plan, but in the full-service arena PSA plans are about as affordable as you can get -- and you don't have to scrimp on quality, either!

PSA plans include services and options other vendors charge extra for, such as offering more than one family of mutual funds in your plan, or providing employees with MONTHLY account statements and your plan with MONTHLY compliance testing.

Any PSA plan distribution, loan or other per-transaction administration fees are well below standard industry rates.

Run your plan in-house or have PSA run it: similarities and differences.

There are many similarities between Advisors 401(k) run-it-yourself 401k plans and PSA Advisors 401(k) Solution full-service plans. In fact, Advisors 401(k) was largely developed from the "what works and what works best" successes of the 401k Solution. The main differences between the two administrative arrangements are who does the work, investment choice (although only to a small extent) and, of course, price.

 

	Advisors 401(k) run-it-yourself plans		PSA Advisors 401(k) Solution full-service plans
Labor:	You do the monthly data processing and interaction with the investment house yourself -- but you've got Advisors 401(k) to handle most of the work for you!	NOT the same	PSA does all the monthly data processing and interaction with the mutual fund companies.
Cost:	You save 50% or more off PSA's already low prices when you handle the administration in-house.	NOT the same	Costs about 50% to 60% more than the run-it-yourself approach for PSA to handle your plan's administration -- but less than half of what you'd typically pay for a full-service plan!
Annual Price:	Annual price based on company size.	same	Annual price based on company size.
Plan Design:	You decide on the options and parameters you want for your plan. There's never an extra charge for including or excluding any (matching contributions, loans, etc.)	same	You decide on the options and parameters you want for your plan. There's never an extra charge for including or excluding any (matching contributions, loans, etc.)
Employer Contributions:	Optional. No extra charge for including or excluding employer contributions. All popular matching contribution formulas and vesting formulas allowed.	same	Optional. No extra charge for including or excluding employer contributions. All popular matching contribution formulas and vesting formulas allowed.
Minimum Plan Size:	No minimum plan size.	same	No minimum plan size.
Investments (type):	Your choice of hundreds of mutual funds and/or participant-directed brokerage accounts.	same	Your choice of hundreds of mutual funds and/or participant-directed brokerage accounts.
Participant Statements:	Plan participants receive independent MONTHLY 401k account statements from Advisors 401(k) AND the mutual fund holding each participant's individual account. Statements are mailed to home addresses upon request.	same	Plan participants receive independent MONTHLY 401k account statements from PSA AND the mutual fund holding each participant's individual account. Statements are mailed to home addresses upon request.
Compliance Testing:	MONTHLY ADP, ACP, multiple-use and top-heavy testing based upon actual or projected wages and contributions, as appropriate.	same	MONTHLY ADP, ACP, multiple-use and top-heavy testing based upon actual or projected wages and contributions, as appropriate.
Trustee Fees:	NO TRUSTEE FEES. Advisors 401(k) plans are employer-trusted.	same	NO TRUSTEE FEES. 401k Solution plans are employer-trusted.
Asset Security:	You retain full asset control at all times. No third party ever takes constructive receipt of money headed for your participants' accounts. Money goes DIRECTLY from your plan's Trust account to the designated mutual funds.	same	You retain full asset control at all times. No third party ever takes constructive receipt of money headed for your participants' accounts. PSA does all the paper work, then instructs you as to the amount to forward DIRECTLY from your plan's Trust account to the designated mutual funds.
Automatic Enrollment:	Optional. No extra charge for including or excluding. You choose default investment choice and contribution rate.	same	Optional. No extra charge for including or excluding. You choose default investment choice and contribution rate.

PSA full-service plan pricing

PSA's Advisors 401(k) Solution full-service plans are extremely reasonable and priced well below the national average for full-service plans (not to be confused with pricing for Advisors 401(k) run-it-yourself plans, which cost of fraction of ANY full-service plan!). For instance:

A PSA full-service Advisors 401(k) Solution plan (not to be confused with a run-it-yourself Advisors 401(k) plan!) serving 25 eligible employees costs roughly $3,745 a year.

National average for a 401k serving 25 eligible employees is $6,750 to $20,000 a year
(and these competitors' plans often lack the quality service and flexible options standard in PSA 401k Solution full-service plans!)

Call 1-800-752-401k (that's 1-800-752-4015) for more information or for a free quote on a PSA full-service 401k plan using your investment advisor. If you prefer, e-mail us your request to questions@Advisors401k.com.

Converting existing plans is quick and affordable.

PSA can convert your existing 401k plan (whether it's a run-it-yourself plan or a full-service plan that you're displeased with its administration) into an affordable, flexible Advisors 401(k) Solution full-service plan in a matter of days.

Your one-time, first-year-only plan setup fee of $1000 covers all the conversion and full-service plan setup expenses.

You can often keep your plan's current investments -- or choose to use any from PSA's extensive array of Class A, B or C load mutual funds and/or self-directed brokerage accounts.

You can amend your existing plan during the plan conversion (for instance, to add in loans or matching contributions), generally at no extra charge.

PSA handles all types of retirement plans, including 403(b) plans and IRAs.

403(b) plans for non-profit organizations. SEPs for self-employed people. The federal government has created several tax-deferred retirement savings vehicles, and PSA offers all the most popular ones.

PSA can provide a quality, affordable plan for almost every IRS-sanctioned retirement savings plan employers can sponsor.

Please contact PSA for details about non-401k plans by calling 1-800-752-4015 (4-0-1-k) or sending an e-mail to questions@Advisors401k.com.

For more information...

Contact PSA by calling 1-800-752-4015 (4-0-1-k) or sending an e-mail to questions@Advisors401k.com.

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