What the Annual Maintenance Fee Covers

  • Attorney fees for plan compliance
  • Updating Forms Revisions regarding IRS rules and regulations
  • Auditing Costs
  • Processing Contributions, Investments and Distributions
  • Bonding and Insurance Fees
  • All Security and Property Positions held in the Safekeeping Vault Safety Deposit Boxes
  • Quarterly Safekeeping Safety Deposit Box Audit
  • Quarterly Statements providing combined money market activity, security movements and portfolio value
  • IRA regulatory reporting
    • IRS forms:
      • 1099R - Complete Liquidation and Partial Liquidation
      • 5498 - Valuation of Account and Reporting on contributions and rollovers
  • Customer Service
    • Inquiries
    • Postage and mailing
    • Notification rights and warrant offerings

What the Annual Maintenance Fee Does Not Cover