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by stevemiller
Fri May 03, 2013 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Paychex fees for 401K transfer
Replies: 1
Views: 1065

Paychex fees for 401K transfer

I just transferred my companies payroll service provider from Paychex to ADP, and with it transferred my 401K plan. Paychex informed me that they charge $1200 to transfer the 401K plan. Has anyone got around this fee? I should mention that it is a small company, only me plus 3 active employees. Plus...