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Ocho Solo 401k vs Ubiquity Solo 401k

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Ocho vs Ubiquity

Ocho is an all-in-one solo 401k platform. You can make contributions and invest your funds directly through integrated bank and investment platforms with an Ocho Solo 401k. Ubiquity will set up your plan documents and do your record keeping, but it’s up to you to find a brokerage that will accept them.

How is Ocho different from Ubiquity’s Solo 401k?

Ubiquity’s Solo 401k is a self-directed solo 401k plan with many similarities as the Ocho Solo 401k in terms of features offered. You’ll get checkbook control to invest in any asset class, a Roth option, and the ability to do a mega backdoor solo 401k. The difference between the two providers is that with Ocho, everything is included in one transparent yearly fee. There are no fees for assets under management, no hidden fees, and no extra fees based on solo 401k features. You can do everything within Ocho, from setting elections, making contributions, and investing your funds. With Ubiquity, you pay for the plan documents and maintenance, but you have to take the documents they provide to you and find a brokerage that will accept them.

All In One Platform

Do everything within the Ocho app. You can set elections, make contributions, and even invest your solo 401k funds using Ocho’s integrated bank and brokerage platforms.

A modern user interface

Ocho is the most beautiful and intuitive solo 401k experience in the world. You can set up your account in under 10 minutes, sign all paperwork directly within the app, and see all your investments in one place.

Transparent pricing

Ocho is just $299/year for all features and investments. There are no hidden fees, additional charges, or any fees for assets under management. You get everything, including world-class support for one low price.

FeaturesOcho Solo 401kUbiquity Solo 401k
Cost$299/year for unlimited investments.Starts at $18/month ($216/year)
Roth optionYesYes
Mega backdoor RothYesYes
Customer supportYes, always readily availableNo
Compliance supportYesNo
Making contributionsOnline through the Ocho appFind a brokerage that will accept the Ubiquity solo 401k plan documents.
Integrated investment platformYesNo
Integrated bank accountYesNo
RolloversYes, from most retirement plansDepends on the brokerage you go with.

Why Ocho is the preferred solo 401k plan for business owners

The Ocho Solo 401k is a modern solo 401k plan with the smoothest user experience you’ll find. You can set up an account in under 10 minutes, get world class customer support whenever you need help, and can do everything you need through Ocho’s intuitive user dashboard.

All in one platform

Make contributions, check compliance, and even make investments all through the Ocho app. Ubiquity is a different kind of solo 401k plan. They’ll create your plan documents and do your record keeping for you for a fee (starting at $18/month) but you’ll have to take your plan documents to a brokerage who will accept them to start making contributions and investing your money

The highest contribution limits

Contribute as much as $61,000 for 2022 and $66,000 for 2023. That’s 3x higher than a 401k and 10x higher than an IRA. Contribute up to $20,500 into your Roth solo 401k for 2022, and up to $22,500 for 2023.

An intuitive user interface

A solo 401k has many moving parts and can get a little complicating if this is your first time setting up an account. You can contribute as an employee and employer, you can contribute Roth or pre-tax, and you can mix and match contributions each year. Ocho created the most intuitive user interface to make signing up and investing your solo 401k as simple as possible.

Mega backdoor Roth

Contribute 3x more into your Roth account than typically allowed using Ocho’s mega backdoor Roth solo 401k. Instead of contributing just $20,500 into your Roth solo 401k, you can contribute up to $61,000 for 2022 and up to $66,000 for 2023 – entirely into your Roth account.

Worldclass support

Ocho has the best customer support team readily available to help you whenever you need assistance. From full onboarding support to complimentary compliance checks, Ocho makes sure that you’re saving the most in taxes while making the best decisions for your retirement goals.

Ocho is trusted and backed by the world’s top entrepreneurs, creators and money experts.

“The level of insight you get in terms of your money management is not something I’ve seen on any other apps I’ve used.”

3500

Early Stage Users

100+

Startup founders have invested in Ocho

$5M+

In preseed funding

Built by the team that built:

“The Ocho Solo 401k is a retirement plan so powerful and flexible that it feels like you’re getting access to a tax loophole.”

Elizabeth Yin
Cofounder, Hustle Fund

“Every business owner, creator, and self-employed person should have one. The benefits and tax savings each year are a no-brainer.”

Sebastian Fung
Owner, Ask Sebby

“Ocho built something I’ve wanted to exist for a long time – the modern solo 401k with all the best features and full admin support.”

Nate O’Brien
Investor & YouTuber

Transparent pricing with no AUM fees

Unlike other money managers, we charge zero fees on your money under management (AUM) and do not receive any kickbacks from any products we recommend.

All income levels and all business entities eligible

Any business owner, freelancer, creator, or even full-time employees with a side hustle can open a solo 401k. The only requirement is that you have no full-time W-2 employees that work over 1,000 hours in your business (excluding your spouse). There are no income limits – you’re eligible whether you make over $1M or operate a small side hustle.

One plan that fits all your needs.

$299 Annually

The Ocho Solo 401k Plan Comes With

  • Ownership of an Ocho Solo 401k Plan.
  • A Roth solo 401k account
  • Security & compliance monitoring.
  • Personalized investment plan & recommendations.
  • Support for a mega backdoor Roth conversion.
  • A delightfully simple all-in-one investment platform.
  • Full onboarding support and account administration assistance.
  • Integrated bank & brokerage accounts (coming soon).
  • Rollover support from other retirement plans that you already own.
  • Access to any investment options, with full checkbook control (coming soon).