If your Adopting Employer business for the Solo 401k plan has non-spouse business partners, we’ll create a special type of plan for you.
In order for your plan to remain truly “solo” for you (and your spouse), we’ll exclude your business partners from participating in your Solo 401k plan.
This is a straightforward process and we’ve been helping multi-member LLC businesses establish Solo 401k plans for their owners since the we first developed the world’s first non-custodial self-directed plan in 2006.
Watch the helpful video below for a quick walk-through of how we’ll prepare your Solo 401k plan if your business (LLC) has multiple members other than you and your spouse.