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 are easy to set up.
- You can customize our Plus plan to meet your unique business needs.
Dedicated and personal assistance
- First, you can start your plan online or complete a form and an onboarding specialist can help you 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 customization options.
$155 per plan per month
$6 - $8 per participant per month
- No required annual contributions
- Support for 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
"From intro to onboarding the entire process was easy to manage and most importantly — friendly! The Everyday 401(k) team was super accessible and turned what I expected to be a daunting task into a breeze."
Nicole Schnitzlein
Owner, Lady Jones
Denver and Vail, Colorado
Real business owner compensated
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