401k Solution Conversion Plan Order Form for converting existing 401k or other qualified retirement plans into 401k Solution run-it-yourself plans
1. Will this be your company's first 401k plan or are you replacing an already-existing plan?
Part I: Company Information...
2. Company name
3. Contact person
4. Title
5. Phone
6. Fax
7. E-mail
8. Your 401(k) decision-making role
9. Company address
10. City
11. State
12. Company mail-to address
13. Federal ID number
14. Date business commenced
15. Type of entity
Please indicate your company's type:(check one) ...
more info more info
16. # of employees on payroll
17. Fiscal year on which business is run:
18. Computer system:
401k Solution runs over the Internet. For our records, which computer system do you use most frequently?
Part II: Plan Information...
Note: Complete the below ONLY if your company already has a retirement plan and will be having 401k Solution replace that plan.If the 401k Solution plan will be your company's first retirement plan ever, please use our
First Plan Order Form instead of this Plan Conversion Order Form. Thank You.
19. What type of plan do you want converted into a 401k Solution plan?
20. Approximate size, in assets, of your existing plan:
21. Potential size, in number of employees, of your 401k Solution plan: Number of full-time employees currently on your payroll:
22. Existing plan's in-house plan Administrator:
Please name your company's in-house plan administrator (that is, the person at your company who has been handling any 401(k)-related matters and interacting with the outside administrator servicing your plan). Please include his/her title(such as "Controller"), if applicable: Administrator's phone number: , and e-mail address is
23. ...and for your 401(k) Easy Online plan?
Will the same person serve as Plan Administrator for your 401k Solution plan?
24. Existing plan's Trustee(s):
Please name your existing plan's Trustee(s), including his/her/their title(s) (such as "CFO"), as applicable: Current plan's Trustee(s) phone number(s):
25. ...and for your 401(k) Easy Online plan?
Will the same person(s) serve as Trustee(s) for your 401k Solution plan? If "No", please name the Trustee(s) for your 401k Solution plan. Please list each new Trustee's name, title and phone number:
26. Compliance test history for your existing plan:
Did your plan pass last year's compliance tests? Does your plan limit the definition of Highly-Compensated Employees to "the top 20% of employees"? Do you want to change this definition for your 401k Solution plan? Is your plan currently top-heavy? Date of last battery of compliance tests:
27. 5500 Series filing:
For what year was your last plan 5500 series filing with the IRS? Date filed (month, year):
28. Plan Year for your existing plan:
On what Plan Year does your existing plan operate?
29. Plan inception date for your existing plan:
When was your current plan established?
30. Age requirement used for participation in your existing plan:
What age requirement is currently being used for participation in your existing company plan?
31. ...and for your 401(k) Easy Online plan?
What age requirement do you want use for your 401k Solution plan?
32. Length of Service requirement for participation in your current plan?
What length of service requirement is currently being used for participation in your existing company plan?
33. ...and for your 401(k) Easy Online plan?
What length of service requirement do you want use for your 401k Solution plan?
34. Participation exclusions in your existing plan:
Does your current plan exclude any categories of employees from participation? If "Yes", please identify the classes of employees currently excluded from participation in your existing company plan: (check all that apply)
35. ...and for your 401(k) Easy Online plan?
Do you want your 401k Solution plan to exclude any categories of employees from participation? If "Yes", please identify the classes of employees you'd like excluded from participation in your 401k Solution plan: (check all that apply)
36. Automatic enrollment in your existing plan:
Does your plan currently use automatic enrollment? more info If "Yes", what would you like the default contribution rate to be for automatically enrolled participants?
37. ...and for your 401(k) Easy Online plan?
Do you want your 401k Solution plan to use automatic enrollment? more info If "Yes", what would you like the default contribution rate to be for automatically enrolled participants?
38. Employer contributions in your existing plan:
Your company can contribute to plan participants' accounts in either (or both) of two ways: (1) matching contributions and/or (2) profit-sharing contributions. Matching contributions are defined in terms of participant contributions (e.g., 50¢ contributed by the employer for each dollar contributed by the plan participant), whereas profit-sharing contributions are tied to some other variable, such as compensation.1) What MATCHING CONTRIBUTION formula is currently being used in your existing company plan?
2) Has your company made any PROFIT-SHARING CONTRIBUTIONS in your existing company plan?
39. ...and for your 401k Solution plan?
1) Do you want to use a different MATCHING CONTRIBUTION formula for your 401k Solution plan? 2) Would your company like to have the option of being able to make DISCRETIONARY EMPLOYER CONTRIBUTIONS (i.e., profit-sharing contributions) to employees' accounts?
40. Vesting of employer contributions in your existing plan:
1) What vesting formula is currently being applied to any EMPLOYER MATCHING CONTRIBUTIONS being made in your existing company plan? Loans )2) What vesting formula is currently being applied to any EMPLOYER PROFIT-SHARING CONTRIBUTIONS being made in your existing company plan? Loans )
41. ...and for your 401(k) Easy Online plan: "Vesting" refers to ownership. For instance, if you pick Schedule D below and a plan participant leaves your company after 2 years, he or she will only be entitled to 20% of any relevant employer contributions made by your company to his or her account. The remainder will go into a pool that your company can choose to use for employer contributions owed to other participants.What vesting formula do you want to use for any employer contributions? Mark your choice for any profit-sharing contributions in column P-S Contribs and for any matching contributions in column Match Contribs.
Loans: Does your existing plan currently allow for 401(k) loans?
more info
43. ...and for your 401k Solution plan?
Do you want your 401k Solution plan to allow for new 401(k) loans?
44. Investments offered in your existing plan:
Please list the investments currently being offered within your company plan:
45. ...and for your 401k Solution plan?
Do you want to continue offering these investments within your 401k Solution plan, or would you prefer to have 401(k) deferrals from the plan conversion date forward go into a different set of investments (existing deferrals will stay in the funds in which they are currently invested):
46. Investments: Investment Type view investment listings )
Please indicate the type of investments you want for your 401k Solution plan: more info
47. 401k Solution plan investments view investment listings )
Please indicate the FAMILY of funds and/or the brokerage account you wish to offer within your 401k Solution plan (for example, T. Rowe Price mutual funds or Charles Schwab OneSource brokerage accounts).
If you have not already done so, you should look through our investment listings to view your options:
48. Safe Harbor Designations:
The IRS allows 401k plan sponsors an alternative to subjecting their 401k plans to annual discrimination testing. The safe harbor method of plan operation lets employers instead make certain contributions to the plan, with immediate vesting of the contributions to employees' 401k accounts.
more info
49. The price of your 401k Solution system: calendar year
Plan Size(in number of eligible employees)
401k Solution Online Pricing for your custom 401k plan and plan administration system
2-4 eligible employee
$1795 per year
5-10 eligible employees
$1945 per year
11-15 eligible employees
$2245 per year
16-20 eligible employees
$2545 per year
21-25 eligible employees
$2845 per year
26-30 eligible employees
$3145 per year
31-35 eligible employees
$3595 per year
36-40 eligible employees
$4045 per year
41-45 eligible employees
$4495 per year
46-50 eligible employees
$4945 per year
more than 50 eligible employees
($4945 plus $275 for each additional 5 eligible employees
50. $995 FIRST-YEAR-ONLY setup fee: (Remember, this fee, unlike the above money-back guaranteed Annual Fee, is
NONREFUNDABLE but generally tax rebatable .
We encourage prospective clients to try our free Demo
to make sure they like 401k Solution before they have us set up a customized a system for them.)
51. TOTAL (system price + setup fee):
Part IV: Payment Preference...
NO PAYMENT IS DUE AT THIS TIME. 52. Do you prefer to be contacted regarding your order by telephone or e-mail? 53. How will you prefer to pay for your 401k Solution system when we contact you?
Part V: How did you hear about us?
54. One last thing before you submit your order: Please tell us how your heard about 401k Solution...
55. Now please look over our User's Agreement , then submit your order or inquiry. (Submitting an order acknowledges that you have read and accept
our User's Agreement but in no way obligates you to making any purchase.)
