In an interview for FitSmallBusiness.com, "How small businesses can provide employees with a retirement plan? An Interview with Mark Zoril," Zoril recommends Employee Fiduciary for 401k recordkeeping.
"This sounds very complicated. Is there a simple way to do this?
Yes, for record keeping we recommend Employee Fiduciary. Although we frequently work with them, we don’t get any compensation for referring them business. They will handle record keeping for $1,500 per year for up to 30 eligible employees. They also have relationships with firms that will serve as a trustee to the fund. Through them, you can get these services for less than 10 basis points or 1/10th of a percent."