The Contractors Plan
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How the Line of Credit Works

The Contractors Plan Loan Program® at a Glance

The Contractors Plan Loan Program is a retirement savings plan loan solution that allows you to borrow exactly the amount you need, when you need it, and repay it as quickly and easily as possible. Here’s how it works. When you apply for a line of credit, the amount of the loan line is transferred into a money market or stable value account that stays within your retirement plan until needed. To access your money you may requrest a check or a direct deposit up to the amount of your loan line from The Contractors Plan. This way you borrow only what you need when you need it. After taking a loan, you can repay it at any time in any amount as long as the minimum payment is met via electronic payment.

Tips for Using the Line of Credit

Here are some tips for maximizing the benefits of this innovative loan program.

  1. Have a specific goal for your loan line funds and stick to it. Traditionally, participants receive a lump sum. This loan program enables you to limit your loan to your immediate need. The less you spend, the lower your minimum payment, and the faster you repay your loan.
  2. Pay more than the minimum. Traditionally retirement savings plan loans have not encouraged flexible repayment options. With The Contractors Plan Loan Program, you can repay at any time in any amount as long as the minimum payment is maintained.
  3. Manage your account. From this site you can easily monitor and manage your account details, forms and statements and budget accordingly.

Participant Log-in

Click here to log-in to access participant information Forgot Password? Enroll now

The Contractors Plan has a simple
application process

Need help?

Contact customer service at or (888)272-7526 (7:00am to 7:00pm CT M-F).