Open an Account: Open your Individual 401(k) account with the chosen provider. Information on retirement plans for small businesses and the selfemployed.Choose a Plan, Maintain a Plan, Find or Fix Plan Errors, Plan Benefits. Once a business chooses a SIMPLE plan, no other qualified plan is permitted. When you use our retirement planning services, you benefit from our in-depth knowledge and years of retirement planning experience. State retirement savings mandates are a growing trend. Your business may soon be required to offer an employee retirement savings option. 6 Easy Steps to Set Up 401(K) Plan For Your Business. Step 1: Decide who Sets and Maintains the Plan. Contact us and we can help you set up group retirement accounts and retirement solutions for your employees.