Saturna Trust Company

Saturna Capital

Plan Type:

Solo 401(k) (Self-employed)
Fees
  • Total Annual: 0.44% - 0.87%
  • Enrollment: $0
  • Rollover: $60
  • Other annual fees: $0
Minimums
  • Opening balance: $0
  • Monthly contribution: $0
Services
  • Personalized Service
  • Wide range of investment choices
  • Web-based employee and employer portal
Key Advantages

Online reporting, plan summary, and transaction details. Signature ready Form 5500 for IRS reporting. Online statements and account management. Traditional plus Roth 401(k) options. Online tools for investment selection.


Plan Summary

The Saturna Trust Company 401(k) plan is a full-service arrangement. Our plans save our clients the costs associated with outside service providers because Saturna’s staff handles everything from recordkeeping to investment management to marketing and education. Full-service arrangements eliminate the need for employers to deal with and monitor multiple service providers. This eases the employer’s burden to consider potential conflicts of interest that may arise when using multiple providers.

We offer 401(k) plans a selection of Saturna Capital no-load mutual funds, as well as an extensive menu of unaffiliated mutual funds, with a variety of investment objectives, through our open architecture platform. Employers select their investment menu, and by investing in more than one fund, employees can tailor their 401(k) accounts to fit their own risk and return objectives.

Plan Features

Click on any of the plan features below to learn more about this retirement product. Please note that some features may not apply to a specific product.

  • Loan initiation/Maintenance Fee: $60
  • Plan departure/Rollover Fee: $60

Automatic enrollment and automatic escalation. Customizable by employer (i.e. it can start at 5% and increase 2% annually up to a limit, it can start at 3% and increase by 1%, or no escalation just automatic enrollment for those that do not opt-out).

  • Roth and Pre-tax Employee Deferrals
  • Employer Match
  • Employer Profit Sharing
  • Rollovers

 

A Solo 401(k) Plan, also known as a Self-Employed 401(k) or Individual 401(k), is a qualified retirement plan designed specifically for employers with no full-time employees other than the business owner and their spouse. All other employers are ineligible for this type of 401(k) plan.

Leave the account in the plan, request a distribution, or roll it over to a new plan.

This plan uses broad categories of investment options; each category contains specific funds. Click on the ‘ticker’ symbol to see the financial performance for that fund. If you choose this retirement plan, the plan provider will help you understand your investment options.

IRS penalties may apply.

401(k) Accounts can be transferred to other eligible qualified plans or IRAs.
 

  • Prototype plan / standardized adoption agreement
  • Assistance with customizing plan investment menu
  • Trust agreement 
  • Summary plan description
  • Enrollment meeting
  • Processing of contributions, distributions, loans, hardship withdrawals, vesting, and investment selections
  • Daily valuation of plan assets
  • Annual non-discrimination testing
  • Preparation of Forms 1099-R and 5500
  • Affiliated low-cost Saturna mutual funds
  • Open fund menu platform permits a wide selection of no-commission fund shares
  • Employee Online Tools, Education and Support
  • Online statements and account management
  • Traditional plus Roth 401(k) options
  • Online tools for investment selection
  • Dedicated toll-free phone (833-STC-401k) and e-mail support (401k@saturna.com)
  • Online reporting, plan summary, and transaction details
  • Signature-ready Form 5500 for IRS reporting

Withdrawals and Loans are allowed (restrictions may apply).

Contact Us

Email us

1 (360) 725-5070

PO Box 42525
Olympia, WA 98504-2525

Retirement Marketplace

The Small Business Retirement Marketplace is administered by the Washington Department of Commerce as established in RCW Chapter 43.330.730-750. Plans carried on the Retirement Marketplace are verified by the Department of Financial Institutions and/or the Office of the Insurance Commissioner to meet the requirements set forth in RCW 43.330.732(7) and 735(6)(a).

Enrollment in plans on the Retirement Marketplace is voluntary. Plan enrollment is managed by private financial services firms. Saving through certain plans will not be appropriate for all individuals. Employer facilitation of most retirement savings plans carries certain legal obligations for which employers are entirely responsible. Contributing to a retirement savings plan may offer tax benefits and/or consequences. Other private sector plans not offered on the Retirement Marketplace may charge lower fees. Consult your tax or financial adviser with questions related to investments.

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