This section of our website was created to show a direct fee comparison among different IRA providers. Below you'll see different scenarios based on different investment types and values. This information was constructed using upto date fee schedules from provider websites. It is for information purposes only and be confirmed with the providers to ensure information is still current. IRA provider fees are subject to change and these example may become out dated temporarily.
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These fee calculations are based purely on buy and hold/mature situations. In the event one needs overnight mail delivery, money wired, etc - additional fees apply may apply through some/all providers. See the current fee schedules of each provider for upto date accurate comparisons.
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Fee Scenario #1: $10,000 investment, 1 investment transaction in an unsecured note. Investment date: January 1, 20XX
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Entrust New Direction
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Pensco Trust
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Equity Trust
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Lincoln Trust
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Poly Comp
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New Account Setup & transfer or rollover funds into new account
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$50
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$50
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$50
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$350
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$165
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Transaction Fees
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$95
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$0
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$0
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$300
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$60
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Annual Administration/Holding Account Fee(s)
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$195
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$463
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$190
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$100
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$260
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Total Annual Fees for Year 1: |
$340
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$513
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$240
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$750
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$485
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Annual Fees for subsequent years: |
$195
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$463
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$190
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$300
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$260
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Conclusion: The two lowest fees for this scenario are through Equity Trust and Entrust New Direction. Equity Trust is $100 less expensive in the initial year of the investment and $5 less each subsequent year. In the event this scenario changes in value, Entrust New Direction would be the long term value leader if the note value exceeds $15,000.
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These fee calculations are based purely on buy and hold/mature situations. For precious metals investments, a depository will be required in many cases and their holding fees will result in additional fees not related to IRA provider fees. In the event one needs overnight mail delivery, money wired, etc - additional fees apply may apply through some/all providers. See the current fee schedules of each provider for upto date accurate comparisons.
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Fee Scenario #2: $25,000 investment, 1 investment transaction in precious metals Investment date: January 1, 20XX
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Entrust New Direction
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Pensco Trust
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Equity Trust
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Lincoln Trust
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Poly Comp
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New Account Setup & transfer or rollover funds into new account
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$50
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N/A
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$50
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N/A
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$165
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Transaction Fees (each transaction buy/sell)
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$40
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N/A
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$0
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N/A
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$100
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Annual Administration/Holding Account Fee(s)
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$75
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N/A
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$300
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N/A
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$260
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Total Annual Fees for Year 1: |
$165
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N/A
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$350
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N/A
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$525
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Annual Fees for subsequent years: |
$75
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N/A
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$300
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N/A
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$260
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Conclusion: In this scenario, Entrust has the lowest fee option by far with the closest competitor (Equity Trust) trailing at more than $200 extra per year. Entrust New Direction is the lowest price precious metals IRA provider in this example.
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