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Low-Cost
Retirement Plans for Any-Size Business
In today's economy, small business owners need to offer their employees
more than just a good wage. They also need to offer a quality benefits
program that includes a retirement plan. Costco has teamed up with GoldK,
a full-service retirement plan company and leading provider of online
retirement plans, to provide low-cost, full-featured 401(k) retirement
plans that are simple and straightforward to set up and maintain.
Full-Featured Retirement Plans



Finally, a 401(k) Plan That's Affordable
While most 401(k) plans cost a business owner on average
$1,600 a year, the Small-Business Retirement Plans offered through GoldK
have all the features of a large company's plan at a price any
business owner can afford.
|
Fees*
|
Executive Members
|
Business and Gold Star Members
|
Market Average1
|
| One-time Internet Set-Up Fee |
$100
|
$200
|
$775
|
| Annual Administration Fee |
$100
|
$150
|
$1,600
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| Annual Per-participant Fee |
$0
|
$0
|
$28
|
| Total First-Year Cost |
$200
|
$350
|
$2,543
|
*This pricing is based on use of the Internet for
plan set-up, plan maintenance, participant enrollment and
delivery of participant statements. |
1Market
Average pricing is based on a competitive survey of retirement plan
providers as of October 2001
and assumes a plan with six participants. |



Optional Services Also Available
|
Fees
|
Executive Members
|
Business and GoldStar Members
|
| Existing Plan Conversion2 |
Free |
Free |
| One-time Manual3 Set-Up or Conversion
Fee |
$100 + $25 per participant |
$200 + $25 per participant |
| FleXservice** |
$5 per participant per month using FleXservice |
$7 per participant per month using FleXservice |
**FleXservice includes the ability to provide participants,
that lack Internet access the ability to manage their
retirement account via an automated phone system. Also includes
manual participant enrollment and mailing
of quarterly participant statements. |
2Conversion is free if the plan sponsor
can provide an electronic census of their employees and sets up
the plan via the Internet. Other conversions will be considered
manual plan set-ups and will be billed
accordingly to the manual plan set-up pricing. |
3Does not include assistance in correcting
prior plan compliance issues. Charges for correction of prior
compliance issues may apply. |



GoldK can support almost any existing plan through its
technology platform and its network of wholly-owned Third Party Administrators.
For more information call 1-866-849-4720 and speak with a Plan Specialist.
What
You Need To Get Started
To set up a plan, simply click on SET UP A PLAN and follow
the three easy steps to adopt your retirement plan.
Create your plan login I.D.
Choose
the plan with the features you would like to offer your employees.
Enter
some basic information about your company so GoldK can create your
401(k) documents.
To begin setting up your plan, you will need the following items on hand:
- Your Employer Identification Number
- The name(s) of the individual(s) you would like
to designate as the authorized signer(s) for your retirement plan
If you have any questions, simply click on the GoldK icon
on our website and a GoldK Retirement Plan Specialist will assist you
via live web chat, or call 1-866-849-4720 to speak to a specialist via
phone. GoldK Retirement Plan Specialists are available Monday through
Friday from 8:00 a.m. to 8:30 p.m. Eastern Time (excluding holidays).



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