Lendtable charges a $10 monthly subscription fee to use our suite of automations and issue payouts and uses a profit-share model, which means we charge a flat percentage of the profit customers make by maxing out their 401(k) or Employee Stock Purchase Plan or ESPP.
What is the profit-share for 401(k)+ service
Aside from the subscription fee, Lendtable operates off a profit-share model. This means we earn a flat percentage of the profit we help customers earn. For 401(k)+ service, this profit-share percentage is 20% of the employer match money earned using Lendtable cash.
For more information about how much 401(k)+ service costs, please read our related support article, How much does Lendtable 401(k)+ service cost?
What is the profit-share for ESPP service
For ESPP service, our profit-share percentage is 35% of the employer match money earned using Lendtable cash. This is higher due to the fact that most ESPP cash advances are much higher with lower profit than 401(k)+ service.
For more information about how much ESPP service costs, please read our related support article, How much does Lendtable ESPP service cost?