Unlike many other providers, our fee schedule is clear, honest and simple to understand. You will see an administration and investment management fee. At the Pipe Trades Services of MN IRA program there are no investment transaction fees to pay, and no hidden costs paid to us by any investment provider.
Administration Fee
Annual Fixed Dollar Fee:
- $40.00 for account balances from $1 to $35,000
- $5.00 for account balances over $35,000
Monthly Asset-Based Fee:
- $0.25 per $1,000 for account balances from $1 to $100,000
- $0.18 per $1,000 for account balances between $100,001 and $250,000
- $0.13 per $1,000 for account balances over $250,000
These fees include full account administration, access to online advice, personalized statements, secure transactions, custody services, and direct 24/7 online access to our Customer Care Center.
Investment
Management Fees
There are no investment management or trading fees charged to your Pipe Trades Services MN IRA.
Event Driven Fees
These are fees that apply only when you request a service that does not involve the everyday maintenance of your account. The most common fees are:
Applies for non-scheduled withdrawals.
Applies when monthly or quarterly withdrawals are taken.
There is NO CHARGE to view and print your quarterly account statement online.
To keep things simple, all fees are collected by selling a prorated share of all of your investments based on the total dollar amount of your fees.
Any other non-standard fees that may apply to your account are listed in the Financial Disclosure provided in the account opening process.