Participant-Directed Brokerages Available Through 401(k) Easy

(401(k) Easy Uses Charles Schwab Brokerage as Our Default Choice)

401(k) Easy provides a long list of the most popular self-directed brokerage accounts from top brokers like Charles Schwab, Vanguard, and Fidelity, eTrade, TD Ameritrade, and more. Charles Schwab is our default choice for 401(k) Easy, and we have been using Schwab as the custodian for most of our 401(k) plans for over 20 years.

Self-directed brokerage accounts are ideal for small business 401(k) plans because each 401(k) participant can select his or her investments for their retirement savings. Employers and plan trustees' fiduciary liabilities and responsibilities are significantly reduced because all investment decisions are made by 401(k) plan participants.

Unlike most traditional 401(k) plans, self-directed brokerage 401(k) plans relieve the employer of the responsibility and liabilities associated with "pre-selecting" a menu of "employer-approved" investments for inclusion in the company's 401(k). With 401(k) Easy self-directed brokerage accounts, each individual plan participant makes independent investment decisions about how his or her 401(k) retirement savings are invested.

  • Charles Schwab
    (401(k) Easy's Default Choice, As described Below)
  • E-Trade
  • Fidelity Investments
  • Interactive Brokers
  • Scottrade
  • TD Ameritrade
  • Vanguard Brokerage Services

Our iron-clad promise: No 401(k) asset-based fees of any kind are skimmed from 401(k) participants′ contributions and their earnings, EVER!

We at Pension Systems Corporation, distributor of 401(k) Easy, has always worked hard to keep 401(k) plans as affordable as possible for our clients, many being small and very small companies. 401(k) Easy is an exception to the norm in that we do not earn any compensation, either directly or indirectly, from our clients 401(k) plan assets. Our published prices, available online for all to see, are the only compensation we collect.

Why is Charles Schwab 401(k) Easy’s default choice? Simple:

401(k) Easy has been using Schwab 401(k) custody services and self-directed brokerages for over 25 years, with a very high degree of client satisfaction.
Schwab is the most popular self-directed brokerage in the country. Schwab has the most extensive list of no-load mutual funds, including Fidelity Funds and Vanguard Funds, all commission-free.
Schwab will make stock and bond trades for free—no commissions added.
401(k) Easy self-directed accounts at Schwab are free, and participants are NEVER charged any 401(k) asset-based fees, skimmed from their personal self-directed accounts, EVER. That’s our iron-clad promise.

ERISA 404c Protection is Built into the Design of No Fees 401(k)

The federal Employee Retirement Income Security Act (“ERISA”) imposes responsibilities on 401(k) fiduciaries regarding offering plan participants a range of investment options and related information. ERISA Section 404c gives the fiduciaries of No Fees 401(k) plans protection and relief from liability. No Fees 401(k) links small business owners to brokerages like Charles Schwab. Self-directed brokerages like Schwab, in turn, offer No Fee 401(k) users an unlimited range of qualified 401(k) investment options, plus extensive educational videos and historical data about each of the thousands of investments provided.