RESEARCH |

2021
PLANADVISER Small-Plan Services Survey

Reported by PLANADVISER | Art by Katherine Streeter
Providers
Navigation
PURCHASE REPRINTWANT MORE INFO?

Providers

Invesco

nvesco.com/us

SOLO 401(k) OVERVIEW
Total Solo 401(k) PLANSNR
Total Solo 401(k) assets (in $millions)$4.1B
Total Solo 401(k) participants37,505
SEP IRA OVERVIEW
Total SEP IRA PLANSNR
Total SEP IRA assets (in $millions)$2.0B
Total SEP IRA accounts36,254
SEP IRA PLAN DOCUMENT TYPES ACCEPTED
IRS form 5305 (with designated firm)Yes
Prototype document (either yours or the IRA custodian's)No
Other (please specify):No
SEP IRA PLANS BY PARTICIPANT COUNT
<5 participantsNR
5 - 10 participantsNR
>10 participantsNR
SIMPLE IRA OVERVIEW
Total SIMPLE IRA PLANSNR
Total SIMPLE IRA assets (in $millions)$6.54B
Total SIMPLE IRA accounts163,064
SIMPLE IRA PLAN DOCUMENT TYPES ACCEPTED
IRS form 5304No
IRS form 5305 (with designated firm)Yes
Prototype document (either yours or the IRA custodian's)No
Other (please specify):No
SIMPLE IRA PLANS BY PARTICIPANT COUNT
<5 participantsNR
5 - 10 participantsNR
>10 participantsNR
AVAILABLE INVESTMENT OPTIONS
Proprietary or affiliated mutual fundsYes
Other non-proprietary or affiliated mutual funds (via a fund clearing house)No
Proprietary or affiliated ETFsNo
Other non-proprietary or affiliated ETFs (via a clearing house)No
Individual shares of domestic stock/securitiesNo
Individual shares of international stock/securitiesNo
Individual Bonds or Certificates of Deposit (outside of mutual funds)No
OtherNo
ACCOUNT FEES
Plan setup feeNo
Annual (or other periodic) plan administrative / processing feeYes
Custodial account fee or other periodic individual account charge (annual, monthly etc)No
Asset based partcipant fees (other than fund operating expenses)No
Commissions, Trading, or execution fees (individual account level)No
NR = Not Reported | N/A = Not Applicable
Investment options and fees may vary by product. Contact provider for more information.