401(k) Flashcards
1
Q
Quarterly Admin Expense Percentage?
A
0.29%
2
Q
Annual Loan Maintenance Fee?
A
$35
3
Q
Reorruring Distribution annual Fee?
A
$10
4
Q
Stop Payment fee?
A
$25
5
Q
Min loan ammount
A
$1,000
6
Q
Min loan term?
A
1 month
7
Q
Max loan term? (General Purpose)
A
60 months
8
Q
Max loan term? (Residential)
A
180 months
9
Q
Effective loan rate?
A
4.25%
10
Q
Termination fees?
A
$125
11
Q
Type of plan?
A
Profit-Sharing Plan
12
Q
Trade cut-off?
A
1 PM EST
13
Q
Vesting?
A
100% at the start