DataPath Investment Advisors, Inc. provides investment advisory services primarily focused on retirement benefit plans, health savings accounts, and institutional accounts. Founded in 2011, DataPath Investment Advisors offers model portfolio management using risk-based and sector-based exchange-traded fund strategies, as well as retirement plan consulting and hourly consulting services. The firm designs investment platforms for qualified and non-qualified retirement plans, including 401(k) plans and health savings accounts, and operates primarily on a discretionary basis for model portfolio management. DataPath Investment Advisors also engages in sub-advisory services for independent investment advisors.
Fee Structure
DataPath Investment Advisors charges fees for investment management based on the type of account:
- Retirement Benefit Plans — Charged as a percentage of assets within the plan, ranging from 0.20% to 1.00% annually for assets up to $5,000,000, and 0.10% to 0.70% for assets over $5,000,000.
- Health Savings Account Custodial Clients — Charged as a combination of a setup/annual flat fee plus a percentage of assets under management:
- Up to $25,000,000: $3,500 setup and $5,000 annual flat fee, plus 0.25% of assets per year.
- $25,000,001 to $50,000,000: $10,000 setup and $15,000 annual flat fee, plus 0.20% of assets per year.
- Over $50,000,000: $15,000 setup and $25,000 annual flat fee, plus 0.15% of assets per year.
- Sub-Advisory Services — Charged as a percentage of assets under management: 0.75% for $100,000 to $5,000,000; 0.50% for $5,000,001 to $10,000,000; and 0.25% for amounts over $10,000,000.