Explore Advantage(k)

  • Find the Right Retirement Plan for Your Business

    Whether you’re launching your first retirement plan, running an owner-only business, or helping clients evaluate options, Advantage(k) makes it simple to find a solution that fits your goals.

    Backed by TRA’s expertise, technology, and service, Advantage(k) offers streamlined retirement plan solutions designed to help businesses save time, stay compliant, and build better retirement outcomes. The suite consists of Advantage(k) Start for businesses with employees and Advantage(k) Solo for owner-only businesses.

     

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Advantage(k) Start

  • A Streamlined 401(k) Solution for Growing Businesses

    Built for employers launching a retirement plan, Advantage(k) Start offers three proven plan designs and a guided implementation experience. Select the plan that best supports your business goals and employee needs.

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      Safe Harbor Match

      Reward employees who save while helping simplify annual compliance requirements.

      Advantage(k) Safe Harbor Match uses a company matching contribution to encourage participation, support retirement readiness, and enhance your employee benefits package. With a straightforward matching formula and streamlined administration, it’s an effective way to provide a meaningful retirement benefit.

      Learn More About Safe Harbor Match

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      Safe Harbor Non-Elective

      Provide a retirement benefit for every eligible employee.

      Advantage(k) Safe Harbor Non-Elective uses a fixed employer contribution regardless of employee participation, creating a predictable contribution strategy while helping simplify plan administration and compliance.

      Learn More About Safe Harbor Non-Elective

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      Traditional 401(k)

      Maximum flexibility for changing business needs.

      Advantage(k) Traditional allows employers to decide if, when, and how much to contribute each year, creating a retirement plan strategy that aligns with company goals, workforce needs, and budget. With flexible contribution options and customizable plan design, it’s an ideal solution for businesses seeking greater control over their retirement plan.

      Learn More About Traditional 401(k)

Advantage(k) Solo

  • Designed for Owner-Only Businesses

    A streamlined Solo 401(k) solution for self-employed individuals and businesses without employees, other than a spouse. This solution focuses on maximizing retirement savings while minimizing administrative complexity.

    Key Benefits

    • Higher contribution potential
    • Tax-advantaged retirement savings
    • Easy administration
    • Guided support from TRA
    • Built specifically for owner-only businesses

    Learn More About Advantage(k) Solo

Compare Solutions at a Glance

Feature Advantage(k) Start Advantage(k) Solo
Designed For Businesses with employees Owner-only businesses
Plan Types Safe Harbor Match, Safe Harbor Non-Elective, Traditional 401(k) Solo 401(k)
Employee Eligibility Yes No employees required
Implementation Guided setup process Simplified setup
Best For Attracting and retaining employees Maximizing owner savings
Ongoing Support Included Included

Built for Financial Advisors

  • Partner With TRA

    TRA helps advisors identify, implement, and support retirement plans for their clients through a combination of experienced consultants, technology, and service.

    Advisor Benefits

    • Dedicated retirement plan specialists
    • Educational resources and training
    • Marketing support materials
    • Streamlined onboarding process
    • Ongoing client service support
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      Simple. Guided. Built for You.

      1. Choose Your Solution:

        Select Advantage(k) Start or Advantage(k) Solo.

      2. Select Your Plan Design:

        Choose the plan structure that aligns with your goals.

      3. Complete Your Information:

        Provide basic business and plan details.

      4. We Prepare the Documents:

        TRA prepares the required plan documentation.

      5. Launch Your Plan:

        Complete implementation and go live.

      6. Receive Ongoing Support:

        Our team remains available to help support your plan.

Why Businesses Choose Advantage(k)?

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      Proven Retirement Plan Expertise

      Work with one of the nation’s leading retirement plan administrators and receive guidance throughout the lifecycle of your plan.
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      Guided Implementation

      We simplify the process by helping you select, establish, and launch the right retirement plan.
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      Compliance Support

      Built-in plan administration and support help keep your plan running smoothly.
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      Advisor-Friendly Solutions

      Financial advisors gain access to resources, consultation, education, and ongoing support.

Advantage(k) FAQs

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      What is Advantage(k)?

      Advantage(k) is TRA’s family of streamlined retirement plan solutions that includes Advantage(k) Start and Advantage(k) Solo.
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      Which solution is right for me?

      Businesses with employees typically benefit from Advantage(k) Start, while self-employed individuals and owner-only businesses may be a fit for Advantage(k) Solo.
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      Can I compare plan designs before getting started?

      Yes. Advantage(k) includes comparison tools and educational resources to help evaluate options.
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      Does TRA provide ongoing support?

      Yes. TRA provides administration, compliance support, and ongoing service after implementation.
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      Am I eligible for startup tax credits?
      Certain businesses may qualify for retirement plan startup tax credits. Consult your tax advisor regarding eligibility.
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