EVERYDAY 401(K) BY J.P. MORGAN
Find an Everyday 401(k) plan that's right for your businesses
Setting up a business retirement plan can be much easier and more affordable than you think.
Complete a form and a dedicated team member from J.P. Morgan will help you understand your options so you can identify a plan that meets the needs of your business.
Benefits of Everyday 401(k) by J.P. Morgan:
Our plans are designed to help build retirement savings for you and your employees.
Low costs and tax credits
- Everyday 401(k) offers multiple low-cost options for small businesses.
- Business owners with 2 or more employees can enjoy up to $5,000/year in tax credits and a tax credit for employer contributions up to $1,000/employee.
Simple solutions for your business
- Our Solo, Core and Plus plans offer easy set-ups.
- You can customize our Plus plan to meet your unique business needs.
Dedicated and personal assistance
- First, your onboarding specialist will assess your business needs and discuss your options so you can identify a plan.
- Then, your client success manager will give you guidance, provide assistance and help manage the day-to-day running of the plan throughout its lifetime.
Choose from three plan options
Below are key features of three of our plan options.
Solo
Built specifically for business owners and an optional, eligible spouse.
Plans start at $45 per month
- Allocate up to $70,000 per year for yourself
- Allocate up to $70,000 per year for an eligible spouse that earns income from the business
- Take advantage of pre-tax and Roth options
- A one-time $350 start-up fee for a new 401(k) is required; .15% asset fee
Core
Built for business owners who want to make employer contributions.
$100 per plan per month
$6 per participant per month
- Safe harbor plan
- Easier plan administration
- Automated recordkeeping and plan testing
- A one-time $500 start-up fee for a new 401(k) is required
Plus
Built to help maximize business owners’ savings and provide the most customization of plan features.
$155 per plan per month
$6 - $8 per participant per month
- Most flexibility to customize the plan
- No required annual contributions
- Support in conducting additional plan testing
- A one-time $500 start-up fee for a new 401(k) is required. For existing 401(k) plans converting to Everyday 401(k), there is a $750 conversion fee instead.
Get the latest retirement insights
4 reasons to start a 401(k) today
Keep your business moving forward by offering a low-cost retirement plan.
State mandatory retirement plans are on the horizon
See what this means for your business.
Participants compensated
High-voltage vision
See how one family's bold bet sparked business success.
