Plan cost calculator

Estimate your 401(k) costs

See what your plan will cost each year, and how much tax credits will cover.

Your plan

Plan type

Number of employees 10

Average employee salary ($)

Employer match (% of salary) 3%

Annual cost

GlidingPath administration fee$2,748/yr

Monthly base$149/mo

Per employee$8 × 10 = $80/mo

One-time setup fee$450

Estimated employer match$16,500/yr

Secure 2.0 tax credits (per year, for three years)

Startup cost credit (100%)- $2,748

Auto-enrollment credit- $500

Total annual tax credits- $3,248

Estimated net cost, year one

$16,450

$3,248 a year covered by tax credits

These are estimates. Employer match cost depends on how many employees take part. Tax credits apply to new plans at businesses with 100 or fewer employees. Talk to a tax professional.