Individual(k)™ Plans

Big Benefits for Small Plans

Developed for sole proprietors, partnerships, and C and S corporations1, Ascensus' Individual(k) plans are easy-to-implement, cost-effective, and designed to help self-employed individuals save for retirement.

Offering a full range of support options for small businesses to start a 401(k) plan or manage an existing plan, our Individual(k) options provide business owners with many of the same advantages of larger 401(k) plans—without the extensive administrative responsibilities, complex discrimination tests, and associated costs.

As unique as each business

Ascensus offers three distinct Individual(k) plan designs, enabling each small business owner to choose the plan that works best for them. All three plan design options offer a variety of benefits:

Dedicated sales support team

Tax savings

Loan provisions

Roth capabilities

Low-cost implementation

Simplified administration

Flexibility to choose the investment platform

Rollover opportunities for account consolidation

Higher contribution limits than some other retirement plan options

Ascensus Individual(k) plan options

CoPilot 3(38) Individual(k)

Ideal for individuals and financial advisors who want a set investment lineup managed for them and immediate access to plan information

Daily Value Individual(k)

Ideal for individuals who prefer to have control over their account and immediate access to plan information

Non-Daily Value (Balance Forward) Individual(k)

Ideal for individuals who prefer to work with a financial advisor to select and oversee investments and transactions

Key Features

CoPilot 3(38)

Daily Value

Balance Forward

Recordkeeping and administration




Contribution, loan, and distribution processing




Onboarding support




Automated account access



Provided by broker dealer

Investment options

3(38) investment manager

Open architecture

Open architecture/opened through broker dealer

Participant statements

Delivered quarterly

Delivered quarterly

Delivered annually


Coming soon


Not applicable

Let's make a plan.

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Additional retirement plan options


1 In general, Individual(k) is for businesses without full-time employees. The plan may still be viable if employees are union workers, non-resident aliens, under age 21, or working fewer than 1,000 hours per year.

For daily valued plans: Ascensus may receive compensation from certain plan investment options (such as mutual funds) for services that Ascensus provides to those investment options, including processing the purchase and redemption of fund shares and participant-level fund recordkeeping. The compensation paid to Ascensus by those investment options is based either on a percentage of the average daily net asset value of shares invested in the fund, or on a fee per each participant that invests in the fund. This compensation is sometimes referred to as sub-transfer agency fees, shareholder service fees, revenue sharing, or other terms. The rate of compensation generally ranges from 0.05% to 0.35% (5 to 35 basis points) of average daily net asset value of shares invested in the fund, or $2 to $20 per participant that invests in the fund, although actual amounts received may differ depending on the investment options and plan services selected.

For fee-based and level-commission plans: Any plan investment option that does not pay to Ascensus annually at least 0.25% (25 basis points) of the average daily net asset value of shares invested in the investment option, Ascensus will debit from participants invested in that investment option a fee equal to the difference between the amount that the investment option pays to Ascensus and 0.25%. Ascensus will debit this fee quarterly. This fee will be capped at $62.50 per participant per calendar quarter or a total of $250 per participant per calendar year.

Ascensus, LLC provides administrative and recordkeeping services. It is not a broker-dealer or investment advisor and does not provide tax, legal or accounting services.