Employee Fiduciary review
A compliance-focused retirement plan service with clear annual fees and payroll connections.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Employee Fiduciary provides retirement plan services for small businesses, self-employed professionals, nonprofits and advisors. Its options include traditional and safe harbor 401(k) plans, solo 401(k) plans and 403(b) plans. The service brings recordkeeping, third-party administration, asset custody, compliance reporting and payroll integrations together, with online account access for employers and participants. It is aimed at organizations that want plan administration and compliance support alongside a choice of plan design and investments, rather than a standalone investment account.
Pricing differs by plan type. According to the published plans, a Solo 401(k) costs $500 per year in base fees, while a standard 401(k) costs $1,500 per year. Both plans also carry a 0.08% annual custody fee on plan assets. Establishing a new plan costs $250 once for a Solo 401(k), or $500 once for a standard 401(k). Those separate setup and asset-based charges matter when comparing the annual base prices. There is no free plan; the lower annual price is specifically for the solo option.
Compliance and payroll fit are the service's clearest strengths. Third-party administration includes annual nondiscrimination testing and preparation of Form 5500 and the Summary Annual Report. Plan design can accommodate safe harbor and profit-sharing contributions, Roth contributions and participant loans, with investment choices ranging from mutual funds and ETFs to self-directed brokerage accounts. Payroll integrations include QuickBooks Online Payroll, Paylocity, Paychex Flex, ADP Workforce Now, Justworks, TriNet and Rippling, among others. Employers seeking these administrative and payroll capabilities may find the breadth useful; those needing a non-web platform should look elsewhere, since access is web-only.
Employee Fiduciary pros and cons
- Where it wins
- Combines recordkeeping, third-party administration and compliance reporting
- Supports safe harbor, profit-sharing and Roth contributions, plus participant loans
- Connects with payroll services including ADP Workforce Now and Rippling
- Where it doesn't
- Standard 401(k) carries a $1,500 annual base fee
- Both annual plans also charge 0.08% of plan assets for custody
- Access is web-only
Employee Fiduciary fact sheet, pricing and score →
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