In addition to a regular monthly statement, each quarter you will receive a consolidated statement highlighting your holdings, their performance and a graphic portfolio summary.
Fee Information
You can open your fund with any amount of money. Simply determine an appropriate contribution that fits your current budget, knowing you can increase or decrease at any time without penalty.
Prime Plan is a fee-for-service plan, which means you pay for the plan – not for individual transactions*. There is an annual fee of $40 as well as a small percentage of assets (only 0.50%) to cover administrative and advisory functions such as recordkeeping, reporting and investment management.
In addition to the annual $40 administration fee and 0.50% Program Fee outlined in your custodial agreement, you may select the following options:
- Financial Advisor Program - 0.75% (of assets/year)
- Third Party Managed Allocation Program - 0.60% (of assets/year)
We partner with SaveDaily, a leading provider of online asset management. As a participant, you will login through our website and manage your account through SaveDaily.
Please see below for SaveDaily fees:
SaveDaily fees
Loan fee - $65.00
Check/Distribution fee - $65.00
*Please refer to your individual mutual fund prospectus for any fees associated with your mutual funds. Certain mutual funds have short term trading fees and other service fees.
Investment Advisory Services offered through Asset & Financial Planning, Ltd. (AFP). Securities offered through Prime Capital Services, Inc. (PCS). Member FINRA/SIPC. Accounts carried with National Financial Services, LLC (NFS). Member NYSE/SIPC. NFS is a wholly owned subsidiary of Fidelity Investments. PCS, AFP, NFS, Fidelity Investments are not affiliated.
Withdrawals are generally taxed as ordinary income and may be subject to a 10 percent federal income tax penalty if made prior to age 59 1/2. Required minimum distributions begin at age 70 ½ or retirement, which ever is later.
Investments and Securities involve risk. A no-load fund is a Mutual Fund that does not impose a sales charge (or “load”) when you buy or sell shares of that fund — but which typically has other costs, including shareholder fees and annual operating expenses. Mutual Funds are sold only by prospectus, which contains more complete information on expenses and risk factors. Be sure to read the prospectus carefully before deciding whether to invest.
Get Started Today
If you're ready to start your financial future, you're ready to open your Prime Plan 403(b) or 457 account today.