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Build your future with Everyday 401(k) by J.P. Morgan

A solo 401(k) plan built for sole proprietors and self-employed small business owners.
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A Solo 401(k) account is the ultimate retirement savings tool for entrepreneurs and self-employed business owners with no full-time employees.

Designed for self-employed individuals, it offers high contribution limits—since you’re both employer and employee—maximizing your savings potential. With tax advantages (pre-tax or Roth contributions), tax-deferred growth, flexible investments, and loan options, it’s an ideal choice for retirement planning.

Cost & Plan Details

Solo 401(k)

Solo 401(k)s offer tax advantages, including pre-tax or Roth contributions and tax-deferred growth.

$540 / year

 

Plus + One-time Set up fee: $350 Asset Fee: 0.15%

 

  • $150 / year

     

    Your spouse may be added and have their own account

     
  • Employee Contributions:
    • Up to $23,500 or 100% of compensation, whichever is less.
    • An additional $7,500 catch-up contribution if you're age 50 or older, totaling $31,000.
    • For individuals aged 60–63, the catch-up contribution increases to $11,250, totaling $34,750.
Employer Contributions:
    • Up to 25% of compensation (for incorporated businesses) or approximately 20% of net self-employment income (for unincorporated businesses).
Total Contribution Limit:
    • $70,000, or $77,500 if age 50 or older, and up to $81,250 for those aged 60–63.

 

Plan sponsors should reference JPMIH’s 408(b)(2) services and fee disclosure notice for more complete information, which is available on the plan sponsor portal for your plan.  Additional fee information is available for participants on your plan’s J.P. Morgan Everyday 401(k) website.

Certain recordkeeping and related services for plans may be provided on behalf of JPMorgan Invest Holdings LLC (JPMIH) by Vestwell Holdings Inc.

Vestwell Holdings Inc. provides various fiduciary and non-fiduciary services on its proprietary recordkeeping platform to support tax-qualified retirement plans.  To learn more about Vestwell Holdings Inc. and its services, please visit https://www.vestwell.com.

J.P. Morgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co and its affiliates worldwide.

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