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How Do I Choose a Solo 401(k) Service Provider?

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How Do I Choose a Solo 401(k) Service Provider?

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Some 401(k) solo service providers provide minimal services in designing and administering the plan. Some provide a bundled product and restrict the investment of plan assets to those for which they receive some compensation. The employer must decide whether he wants to design and administer the plan on his own, with limited assistance from a service provider, by using an outside consultant or Third Party Administrator or a combination of the above.

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