Skip to main content

The ROBS Process

Here’s exactly what happens from your first click to a funded business.

Phase 1: Eligibility Screening

You answer questions about your retirement accounts, capital needs, and employment plans. The screening is quick (about 2 minutes) and tells you immediately whether you qualify. What you’ll provide:
  • Retirement account types and balances
  • Total capital needed and cash available to invest
  • Business type (new, acquisition, or franchise)
  • Full-time employment commitment
What you’ll learn:
  • Whether you’re eligible, potentially eligible, or not eligible
  • How much of your funding gap ROBS can cover
  • Next steps if you qualify

Phase 2: Full Application

Once screened, you complete the detailed application. Progress is auto-saved — you can leave and come back anytime.
1

Personal Information

Name, date of birth, Social Security Number, phone, and mailing address.
2

Retirement Plan Details

For each retirement account: plan type, custodian, current balance, vested amount, outstanding loans, and in-service rollover availability.
3

Business Information

Business name, incorporation state (Delaware or Nevada), industry, business address, initial capitalization amount, and intended use of funds.
4

Document Upload

Most recent retirement account statement (required), government-issued ID (required), and business plan (optional).
5

Compliance Certifications

Five acknowledgments covering prohibited transactions, ROBS requirements, contribution obligations, employment commitment, and distribution rules.
6

Review & Submit

Review everything, make any edits, and submit your application.

Phase 3: Expert Review

After submission, our team reviews your application with AI-assisted compliance analysis.
  • Automated compliance audit checks your application against IRS regulations, case law, and audit guidance
  • Human expert review verifies eligibility, documents, and business plan feasibility
  • You’ll receive an email confirmation and can track status from your dashboard

Phase 4: Consultation

We schedule a consultation call to discuss your specific situation, answer questions, and finalize your plan structure. This typically covers:
  • Jurisdiction selection rationale (Delaware vs. Nevada vs. home state)
  • Capitalization structure and share pricing
  • Compliance requirements and ongoing obligations
  • Timeline expectations

Phase 5: Entity Formation

With your plan confirmed, we guide the formation of your C-Corporation:
  • Name filing — you submit 3 name preferences, we confirm availability
  • State filing — C-Corp formed in your chosen jurisdiction
  • EIN — IRS Employer Identification Number obtained
  • Corporate governance — bylaws, initial board actions, and stock certificates generated

Phase 6: Payment

After your application is approved, you’ll be prompted to pay the $5,000 setup fee through our Stripe-powered checkout. No payment is required before approval.

Phase 7: Plan Documents & Approval

Once payment is confirmed, the system generates your complete document package:
DocumentPurpose
Adoption AgreementFormalizes the C-Corp’s adoption of the 401(k) plan
Trust AgreementEstablishes the trust that holds plan assets
Plan HighlightsSummary of plan terms for participants
Funding PolicyInvestment policy for plan funds
Stock Purchase AgreementAgreement for the plan to purchase C-Corp stock
Board ResolutionsCorporate authorization of the plan and stock issuance

Phase 8: Rollover & Funding

The final stage — getting your business funded:
  1. Rollover initiation — your existing retirement custodian transfers funds to the new 401(k)
  2. Stock purchase — the 401(k) plan purchases shares in your C-Corporation at par value
  3. Capital deployment — the corporation now has working capital from the stock sale proceeds
  4. Compliance monitoring begins — deadline tracking, Form 5500 preparation, and quarterly reviews

Check Your Eligibility

Ready to start? Check your eligibility first.