Retirement Plan Administration Service

Plan administrators charge $2,000-$10,000 annually per plan plus per-participant fees.

Serving 30-150 plans generates $150,000-$800,000 with 60-80% margins.

In 2025, small businesses need affordable retirement plan administration.

Revenue from annual plan fees ($2,500-$8,000), per-participant fees ($30-$100 annually), plan setup fees ($3,000-$12,000), compliance testing ($1,500-$5,000), and consulting services.

Services include 401(k) plan administration, compliance testing (ADP, ACP, top heavy), Form 5500 preparation and filing, participant recordkeeping, plan document updates, and fiduciary consulting.

Successful administrators provide compliant plan administration, offer affordable pricing for small plans, use technology for efficiency, keep plans in compliance, and partner with advisors and CPAs.

Small businesses with retirement plans as clients.

Marketing through financial advisors, CPAs and accountants, payroll companies, business brokers, and direct business outreach.