π¨πππΎππππΎππ πΊπ½ππππππ ππΎππππΌπΎπ πΏππ π¦πππ½πΎπ πππΎβπ 401(π) (πππΎπ 3(38) πΏππ½ππΌππΊππ ππΎππππΌπΎπ πΊππΎ πΊπππππππΎπ½) πΊππ½ π²π€π― π¨π±π /π¨π±π ππππ½ππΌππ πΊππΎ ππΏπΏπΎππΎπ½ π»π π¦πππ½πΎπ πππΎ π¨πππΎππππΎπππ, π«π«π’, πΊπ π²π€π’-ππΎπππππΎππΎπ½ ππππΎππππΎππ πΊπ½ππππΎπ. π±πΎπΏπΎππΎππΌπΎπ ππ βπ¦πππ½πΎπ πππΎβ βππΎβ ππ βπππβ ππ ππππ πΊππππΌπ πΎ πππΎπΌππΏππΌπΊπ π π ππΎπΏπΎπ ππ π¦πππ½πΎπ πππΎ π¨πππΎππππΎπππ, π«π«π’. π₯ππ ππππΎ πππΏππππΊππππ ππΎππΊππ½πππ πΏπΎπΎπ πΊππ½ ππΎππππΌπΎπ, ππΎπΎ π¦πππ½πΎπ πππΎβπ π π£π΅ 2π π‘πππΌππππΎ πΊππ½ π₯πππ π’π±π².
Gusto 401(k) powered by Guideline charges 401(k) participants an annual account fee based on assets under management (AUM).
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The annual 401(k) account fee charged to you is typically between 0.15% and 0.35%, depending on the pricing plan chosen by your employer and the date the plan was established.ΒΉ
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You can find your specific annual account fee within your Annual Disclosure. To access this document, navigate to Documents in the main menu of your dashboard, then go to the Resource library tab. Scroll down until you find the Annual Disclosure for the year and click the download button. Your annual account fee will be outlined within the section titled "What fees will apply to my account?"
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How are account fees calculated?
Your annual account fees are calculated and deducted on a monthly basis based on your balance on the last day of the calendar month.
To determine your account fee for a given month, divide your annual account fee (as a decimal) by 12 (the number of months in a year) to determine your account fee per month. Then, multiply your month-end balance by your monthly account fee.
For example, if your account fee is 0.25% (0.0025), and you have a balance of $10,000 in your 401(k), then your account fee for the month would be $2.08.Β²
Where can I view my monthly fees?
From our website: To see the fees charged to your account, navigate to Transactions from the main menu of your dashboard. Your account fees will be listed within the report based on the dates they were processed.
From our mobile app: Scroll down to the Recent transactions section on the Home screen, then click βView all transactionsβ to see more.
You can learn more about 401(k) fees here or in our Form ADV 2A Brochure.
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βΒΉ Investment advisory services for Gustoβs 401(k) product (when 3(38) fiduciary services are appointed) and SEP IRA/IRA products are offered by Guideline Investments, LLC, an SEC-registered investment adviser. An assumed annual account fee of 0.15%-0.35% is applied to assets under management and is deducted on a monthly basis. Itβs calculated at 1/12 of the annual stated rate (0.15%-0.35%) based on the account balance on the last day of each month. See the Form ADV 2A Brochure for more information regarding fees.
Β²This information is for illustrative purposes only, and is not intended to be construed as investment or tax advice. Investment advisory services for Gustoβs 401(k) product (when 3(38) fiduciary services are appointed) and SEP IRA/IRA products are offered by Guideline Investments, LLC, an SEC-registered investment adviser. Information shown here assumes a static balance of $10,000 per month, an assumed annual account fee of 0.25% on assets under management (calculated and deducted on a monthly basis at 1/12 of the annual stated rate (based on the month-end account balance) and does not account for common factors that affect the value of your account balance over time such as gains, losses, distributions, additional contributions, etc. Itβs not intended to be taken as investment advice or as an assurance or guarantee of future performance. The fee presented does not include other fees that a 401(k) participant may incur from other third-parties or affiliates, including, but not limited to, from mutual fund expense ratios and a monthly maintenance fee to participants who end employment. See the Form ADV 2A Brochure for more information regarding this fee.
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