Maryland Plan Provider Drops Installation Fees

CDM Retirement Consultants., a Towson, Maryland-based open architecture plan provider, is giving sponsors a break on fees.

The firm is waiving its standard installation fees through the end of 2008 for plans that convert to its full-service 401(k) platform before March 31, 2009.

“In light of the current economic climate, we don’t want plan sponsors to put off making a decision about changing providers due to installation costs,” CDM’s co-founder Chip Earle, said in a news release.

More information about CDM Retirement Consultants is available at