Carry Solo 401k Review (2026)
Carry delivers a polished, modern Solo 401k experience with automated Mega Backdoor Roth and the lowest entry cost, backed by strong venture funding.
Pricing Details
| Fee Type | Amount |
|---|---|
| Setup Fee | $0 |
| Monthly Fee | $29-49 |
| Annual Fee | $299-499 |
| Total First Year | $299-499 |
Core ($29/mo) and Pro ($49/mo) tiers. No setup fee.
Pros and Cons
- Lowest first-year cost ($299 Core tier)
- No setup fee
- Modern, tech-forward platform with mobile app
- Automated Mega Backdoor Roth conversions
- Integrated banking through Grasshopper Bank
- Participant loans up to $50,000
- Y Combinator backed with strong funding
- Newer company (founded 2022)
- Alternative investments require Pro tier
- Crypto only available in IRAs, not Solo 401k
User Sentiment Analysis
Receives a strong rating (4/5). It is the most "modern" experience available. User experience is consistently rated as superior. The only hesitation stems from relative youth compared to established players like MySolo401k, leading to some caution regarding long-term stability.
Strategic Insights
- Automated Mega Backdoor Roth calculations solve the major pain point of manual contribution math—platform calculates precise splits to hit $72,000 limit
- Gusto payroll integration enables automated contributions from payroll runs—no more manual ACH transfers
- Lowest first-year cost among full-featured providers ($299 vs $650+ for competitors)
- High-quality mobile app (Carta Carry) provides dashboard visibility and contribution tracking unavailable elsewhere
Market Position
Carry represents the "Silicon Valley approach" to Solo 401(k). Positioned as a premium, all-in-one financial operating system for the self-employed, it leverages technology to automate what other providers handle manually. The Carta Carry mobile app is unique among providers—a massive differentiator for mobile-first entrepreneurs.
Target Audience: Tech-savvy, mobile-first entrepreneurs who value modern UX, automated workflows, and payroll integration over legacy provider track records
Watch Out For
- Newer company (founded 2022)—lacks multi-decade track record of MySolo401k or Nabers Group
- Alternative investments and crypto require Pro tier ($499/year)
- Crypto only available in IRAs, not directly in Solo 401k
- Long-term pricing may not match MySolo401k's $125/year annual fee
Feature Comparison
Compliance Notes
Includes Form 5500-EZ preparation. Platform handles complex SECURE 2.0 calculations including Age 60-63 enhanced catch-ups automatically.
Full Review
Carry (formerly Ocho) burst onto the Solo 401k scene in 2022, founded by Ankur Nagpal (creator of Teachable). With $10 million in Series A funding and Y Combinator backing, they've invested heavily in building a modern, digital-first platform.
The standout feature is their automated Mega Backdoor Roth conversions. What typically requires complex paperwork with other providers is handled with a few clicks on Carry's platform. This alone can be worth the cost for high-income self-employed individuals.
Their Core tier at $29/month ($299/year) includes Solo 401k, Traditional IRA, Roth IRA, and taxable brokerage accounts - all with no setup fee. This makes Carry the lowest-cost option for the first year among full-featured providers.
The integrated banking through Grasshopper Bank provides checkbook control, and their brokerage services through DriveWealth enable equity investments. The Pro tier at $49/month adds crypto investing (in IRAs) and alternative investments.
As a newer company, Carry doesn't have the multi-decade track record of providers like MySolo401k or Nabers Group. However, their strong funding, modern technology, and aggressive pricing make them a compelling choice for the tech-forward investor.
Key Features
- Traditional, Roth, and After-Tax contributions
- Automated Mega Backdoor Roth
- Participant loans up to $50,000
- Checkbook control with integrated bank account
- Mobile app (Carta Carry)
- Alternative investments (Pro tier)
- IRAs and taxable brokerage included
- 20+ educational courses
Who Is This Best For?
Tech-savvy solopreneurs who want a modern interface, automated Mega Backdoor Roth conversions, and the lowest first-year cost.
Last updated: January 13, 2026