Pricing of services
| Service | Rate |
| planning & design | No charge for an initial telephone planning discussion |
| plan setup and customized design | $80/hour, (A flat fee may be quoted after the planning discussion.) |
| plan document1 | included, no charge |
| summary plan description1 | included, no charge |
| customized online company benefit plan web site & services | usually included, no charge |
| employee communications | included |
| employee enrollment support (on an exchange) | included |
| claims administration | $12 per employee per month |
| discrimination testing | included when required |
| plan statements (as required) | included when required |
| tax form preparation (as required) | included when required |
Freedom Benefits and its representative typically share in the revenues earned by any insurance company or investment company, insurance exchange or plan administrator that provides products or services to the benefit plan.
Employee benefit plans usually end on the last day of the employer's tax year. Benefit plan and tax reporting may be required on a calendar year or other basis. In the event that a benefit plan is adapted mid-year some fees may be pro-rated.
Services and fees may change at any time without notice.
1 Except investment company proprietary 401(k) plan documents that may have a separate fee.
Call Tony Novak at (800) 609-0683 x2 to discuss how your firm can save money and improve employee benefits by taking full advantage of health care reform programs and resources.
