Best SEP-IRA Provider?

[kudy]

Does anyone know the best choice for SEP-IRA provider? I hope to put a few hundred dollars aside from freelance sole proprietor work this year, so it's important that if possible, the account has:

• no annual or other recurring fees
• decent fund choices that can be purchased without commissions

Any recommendations? Also, I am hoping to verify that my understanding of the limits is correct - I think I should be able to contribute $5500 to my traditional IRA, and additionally have the business contribute money on top of that to a SEP-IRA, am I understanding the rules correctly?

Thanks for any help anyone can provide!

[DaveR]

Both Vanguard and Fidelity offer small business SEP-IRAs, SIMPLE IRAs, and solo 401(k). Good fund choices and fee structures.
https://investor.vanguard.com/what-we-offer/small-business/overview?Link=facet
https://www.fidelity.com/retirement-ira/small-business/overview

Any contributions to these 'business' plans are independent of the $5500 'personal' IRA (traditional or Roth) contribution.

[ShoulderThingThatGoesUp]

Schwab also has zero minimum and zero fees, and no commissions on their ETFs which have low maintenance fees.

[DaveR]

Schwab also has zero minimum and zero fees, and no commissions on their ETFs which have low maintenance fees.

That's right. Schwab: http://www.schwab.com/public/schwab/investing/accounts_products/accounts/small_business_retirement

If the amount contributed is a few hundred as the OP stated, then Schwab might have the lowest total fees. It depends a little on the total account value and the frequency of contributions.

[kudy]

Awesome! Schwab looks like it might be the right fit.

With only ~$400 being contributed once per year, I really need to avoid all fees.

Any contributions to these 'business' plans are independent of the $5500 'personal' IRA (traditional or Roth) contribution.

Awesome, thanks for the confirmation! That's what I was thinking, but wanted to make sure I wasn't reading it wrong.