The Summary Plan Description (SPD) should include your plan's claims procedures. Usually, you fill out the required paperwork and submit it to the plan.Create a Plan Document: Establish the terms of your plan, including contribution limits, investment options, and loan provisions. Self-directed 401k falls under federal code (ERISA) and 401k anti-alienation protection. 401k retirement assets are shielded from creditors in Texas. Explore retirement plan options for the selfemployed, including the solo 401(k), SEP IRA, SIMPLE IRA, and cash balance plan. Plans covered under ERISA include 401(k)s, pensions, deferred compensation plans and profitsharing plans. Here's what you need to know. ERISA covers most employer-sponsored retirement plans. But public employee plans, such as the state pension plan in answer "B," are exempt from coverage.