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Welcome to Mini(k)

Retirement Plans for Owner-only Businesses and Employers with 1-25 employees

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Who should consider a Mini(k)Plan?

Any individual or very small business owner (described below), age 21 to 70+ earning $25,000 to $500,000, who desire a retirement plan that facilitates the max-imum tax deductible contribution as permitted by law.

Individuals who are independent contractors (e.g., Real Estate or Mortgage Brokers, Manufacturer’s Representatives, Insurance Agents or Brokers, College or University Teachers, or Professors with outside income from books or consulting, Golf Professionals who are not employees, “Hospital-based” Physicians who are not hospital employees).

Any businesses owner with no employees or employees who work less than 1,000 hours per year (owner or shareholder in a C or S corporation, Sole Proprietor, Partnership, LLC, or LLP).

Any small businesses with 1-25 employees who work more than 1,000 hours per year.

Milberg Consulting LLC, a pension third party administration and compliance services firm, designed the Mini(k)Plan to address the unique needs and desires of independent contractors and owners of very small businesses. Learn more about Milberg Consulting

The Mini(k)Plan Advantage in 2010...

Earned Income1 $25,000 $50,000 $100,000 $130,000 $245,000
Age 25 Mini(k) $22,750 $29,000 $41,500 $49,000








Mini(k) Advantage $16,500 $16,500 $16,500 $16,500


Age 35 Mini(k) $22,750 $29,000 $59,7092 $68,1002








Mini(k) Advantage $16,500 $16,500 $34,709 $35,600


Age 45 Mini(k) $22,750











Mini(k) Advantage $16,500





Age 55 Mini(k)












Mini(k) Advantage $42,635 $63,269 $104,538 $129,300 $185,700

Click on the hyperlinks below to view these case studies illustrating higher plan contributions for owner-onlys:

35-year old earns $300,000

45-year old earns $400,000

55-year old earns $600,000

Adding your spouse to your plan enhances the Mini(k) Advantage!  Learn more about why you should consider adding your spouse to your plan

1 Earned Income is W-2 compensation net of deduction for employer plan contribution, or Self-employment income net of deduction for 50% of FICA and plan contribution.
2 Combination Mini(k) w/Defined Benefit Plan.  Assumptions: GA94 Mortality, 5.5% Pre-Retirement, 5.5% Post-Retirement; Normal Retirement Age is generally 10 years or age 62 dependent on age at start of plan.
3 Requires higher total profit/income than SEP to fund Defined Benefit Pension Plan  

© 2002-2011 ERISA Expertise LLC  All Rights Reserved

For more Mini(k) information, contact  Barry Milberg at (800) 965-0988 ext. 101 or

News for March 04, 2021

Revised Limits for 2010

Learn more

Solo 401(k) is a "Qualified Plan" Don't Wait to Exceed $250k before filing Form 5500

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Milberg on

2010 Conversions to Roth IRAs

Roth 401(k) Analyzer  Try it Now!

Learn more about Barry R. Milberg

Mini(k) compared to a SEP, SIMPLE or so-called “Keogh” Plan...

The key advantage of the Min(k) is higher deductible contributions that yield higher retirement benefits.  In addition, the Mini(k) offers features typically not available with other plans including the ability to:

Contribute to a Roth 401(k) account

Consolidate retirement plans and IRAs

Buy Life Insurance with pre-tax dollars

Borrow from your plan free of tax or penalties

Change contributions yearly (within plan limits)

▪ Receive tax credits for plan start-up costs (certain conditions apply)

▪ Invest contributions without restrictions (as permitted by law)

▪ Add Your Spouse to increase contribu-tions to your plan

▪ Exclude employees from participation

View case studies comparing Mini(k)Plan to SEP, SIMPLE or so-called "Keogh" Plans.

Milberg Consulting can design, establish and administer a Mini(k)Plan to provide:

Higher Contribution Limits

Increased Tax Deductions

Greater Benefits at Retirement

Learn more about Milberg Consulting

Roth 401(k) Tools & Technology

Roth 401(k) Analyzersm

The first and only calculator that provides side-by-side graphic illustrations of projected pre-tax account distributions taxed at 3 different tax rates compared to the projected tax-free distributions from a Roth account.

Register for free demonstration

The analyzer was developed by Barry R. Milberg−quoted on the benefits of the Roth 401(k) in Forbes and Newsweek Magazines, the Wall Street Journal, Los Angeles Times, Miami Herald and Philadelphia Inquirer, and online at, and

Learn more about Barry R. Milberg