Service Fees

{beginAccordion}

Types of Service Fees

Our IRA management fee schedule varies based on investment type, but essentially there are three types of service fees: Administrative and Maintenance, Transactional, and Account Closure.

Account Administration and Maintenance

To custody retirement account assets and maintain their tax-advantaged benefits, the asset must be held by an authorized custodian or trustee according to IRS Publication 590A, and Internal Revenue Code Section 408. The Account Establishment and Administrative and Maintenance fees cover:

  • Access to knowledgeable Pacific Premier Trust representatives  
  • Client Service representatives are available for you Monday through Friday from 7:00 a.m.- 5:00 p.m. MT to help you with any questions regarding your Pacific Premier Trust account 
  • Account summaries including intra-day transactions posted online so you can see your account activity, plus quarterly e-statements 
  • Secure online access allowing you to check balances, request incoming transfers, place trades, make contributions, request distributions, monitor transactional statuses, request expenses, and update personal contact information; add, edit, or remove beneficiary designations 
  • Assistance in obtaining annual asset valuations to remain compliant with IRS regulations 
  • Annual tax reporting and issuance of, but not limited to, IRS Tax Form 5498 and IRS Tax Form 1099-R to record and report fair market values, contributions, distributions, and other taxable events 
  • Asset sponsor and contra firm correspondence  
  • Expense request processing 
  • Annual RMD calculations and courtesy reminders 
  • Deposit processing 
  • Ongoing monitoring and upgrading of our systems to help prevent cybercrime 
  • Regulatory and tax law monitoring to remain up to date on IRS requirements 

Transactional Charges

These services are based on the nature of your investment or administrative activities. This can include but is not limited to:

  • Outgoing wires, outgoing checks and returned checks 
  • Overnight mailings  
  • Roth conversions or IRA re-characterizations 
  • Purchases 
  • Liquidations 
  • Sales  
  • Asset re-registration 
  • Partial transfers/rollovers 
  • Quarterly processing fees for real estate, notes, or tax lien payments 
  • Custom account research 
  • Document safekeeping 
  • Manual distribution requests 
  • Mailed paper statements

Account closures

To maintain tax-deferred status, account closure may require re-titling or re-registration activities, along with other critical documentation to properly process your asset transfer.

Payment Preferences

Most Pacific Premier Trust service fees are charged quarterly. There are multiple options for payment — you can choose which one is right for you. Check with your tax professional.

Available Payment Methods

  • Payment by debit card or check
  • Bank transfer from a non-IRA bank checking or savings account (ACH)

While fees vary based on your type of investment, Pacific Premier Trust proudly provides the following service to all of our clients.

Unlimited Access to Knowledgeable Pacific Premier Trust Representatives

Client service representatives are available Monday through Friday from 7:00 a.m. - 5:00 p.m. MT to help you with any questions about your account.

Account Summaries

  • Intra-day transactions posted online so you can see your account activity
  • Quarterly statements via email

Annual Asset Valuation

  • Private Equity: Reaching out to your investment sponsor to receive your asset valuation as required by our regulators and reporting this information as required to the Internal Revenue Service (IRS)
  • Real Estate, Notes, Other: Reaching out to remind you that your annual valuation is due

Annual Tax Reporting

  • Recording all contributions and issuing IRS Tax Form 5498
  • Processing all distributions and issuing IRS Tax Form 1099-R
  • Recording all dividends, interest payments and any other investment income earned

Behind the Scenes

  • Continued monitoring and upgrading of our systems to help prevent cybercrime
  • Staying current with regulatory and tax law changes, so we can stay current on applicable requirements
  • Listening to our clients and developing more online tools to make it easier for you to manage your account

{endAccordion}

Questions?

Contact Us