Foster Group

We help many medical groups like yours with the following types of plans:

  • 401(k)
  • Profit sharing
  • Cash balance

Questions we help answer:

  • Are we doing what’s right with our retirement plan?
  • Are we meeting all our fiduciary obligations?
  • Are employees getting the education they need to prepare for retirement?
  • What are all the costs involved and how much are we paying?

How We Can Serve You
We bring decades of experience in serving the retirement plan needs of small to medium-sized organizations. Our services and processes are designed to help you feel confident you are doing what’s best.

Want to learn more about how we can serve you? Check out our services overview.
The team at Foster Group provides comprehensive financial expertise to help maximize employee savings, as well as proactive fiduciary governance processes to help satisfy compliance requirements for plan sponsors.

Fee Structure

We provide a free initial conversation to help you decide if Foster Group would be a good fit for your needs.

As a fee-only registered investment advisory firm, we have a straightforward approach to pricing that is based on client assets under management using the scale below. Our minimum annual pricing is $5,000.

Assets under Management annual pricing Annual Schedule (marginal dollars)
Up to $2,000,000 0.50%
$2,000,001 to $5,000,000 0.25%
$5,000,001 to $10,000,000 0.20%
$10,000,001 – $20,000,000 0.15%
$20,000,000+ 0.10%

 

Additionally, Foster Group uses a cost smart approach when building the 401(k) investment menu using only zero revenue sharing institutional share classes.

 

 

*The Centre for Fiduciary Excellence, LLC is an independent certification organization. CEFEX works closely with industry experts to provide comprehensive assessment programs to improve the fiduciary practices of investment stewards, advisors and managers. CEFEX certifications help determine the trustworthiness of investment fiduciaries. Foster Group obtained its CEFEX certification in August 2007, and has renewed each year since. In order to achieve certification, Foster Group pays an annual assessment fee of approximately $5,000. These fees are a requirement for certification and cover the cost of the independent audit. The fees paid do not have any bearing on the outcome of the assessment. For more information on CEFEX, please visit the CEFEX website.

PLEASE SEE IMPORTANT DISCLOSURE INFORMATION at https://www.fostergrp.com/disclosures. A copy of our written disclosure Brochure as set forth on Part 2A of Form ADV is available at www.fostergrp.com.