Paychex 401k Fees

Paychex 401k FeesIn our most recent Small Business 401 Fee Study, we found that Paychex plans cost small businesses an average of 1. Clients You Refer Receive 3 Months Free of Administration and Participant Fees* With the latest financial tools, flexible retirement plans, and cloud-based administration, we make it easy for you to deliver exceptional. What Are Average Paychex 401 Fees. Paychex Flex offers three-tier pricing starting at $39 per month for access to basic payroll processing and tax filing, with an additional monthly charge per employee. Simple IRA is pretax only, has a $13k limit, has a 3% required employer match, and allows employees freedom to choose any investment they want. The regular deferrals will stop at the 402(g) limit ($18,500 for 2018). Monthly service fees can be paid from your bank. Our many available investment options allow our clients and their advisors to choose the necessary investments based on their ideal criteria.