Access offers innovative 401(k) solutions that can be customized to meet the needs of most businesses, but for the Solo PEP, you must be an independent contractor/1099 or single-member LLC with no employees. If that doesn’t sound like you, no problem, just let us know and we’d be happy to discuss our how our other solutions could benefit for your business.

We just need some basic personal and business information along with Employer Identification Number (EIN). Don’t have an EIN? No problem, you can apply for an EIN on the IRS website - it only takes a minute or two.

You can apply for and receive an EIN on the IRS website, it only takes a few minutes.

The Access Solo PEP is specifically designed for independent contractors and 1099s with no employees, but we offer additional solutions to meet the needs of nearly any business, no matter the size. Please visit www.accessretirementsolutions.com to learn more.

Check out the Pricing page for details.

Your recurring monthly subscription fee can be paid with a credit card. Plan contributions are made using a bank transfer from a checking or savings account.

For the monthly subscription fee payment, you can only have one credit card on file. If you need to make an update to that card, or would like to switch to another card, log in to the payment portal and click on the ‘Update Subscription Card’ link. For contributions, you can have more than one checking or savings account on file.

Click here or click ‘Contribute’ in the top navigation to log in to your payment account and make a contribution. If you need help on how to make a contribution once you’re logged, check out our contribution tutorial.

Click here to view contribution limits for 2023 and 2024.

You can view or change your investments, update contact information, and add/change beneficiaries in your Alerus account.

While most contributions will show up sooner, it can take 7-10 business days for a new contribution to be visible in your investment account.

By default, your 401(k) contributions will be invested in a target date fund until you elect otherwise. Target date funds are designed to simplify retirement investing by offering a single fund that features a diversified asset mix that automatically rebalances as you age, gradually shifting to a more conservative allocation as it approaches the target date. Target date funds are available in five-year increments (2030, 2035, 2040…). Your target date, or estimated retirement date, is calculated using your birthdate.