diff --git a/generator/build.gradle.kts b/generator/build.gradle.kts
index 4a84eec..51c926f 100644
--- a/generator/build.gradle.kts
+++ b/generator/build.gradle.kts
@@ -22,7 +22,7 @@ plugins {
 }
 
 allprojects {
-    project.version = "0.4.0"
+    project.version = "0.5.0"
 }
 
 tasks {
diff --git a/generator/generator-cli/src/main/kotlin/io/ia/sdk/tools/module/cli/ModuleGeneratorCli.kt b/generator/generator-cli/src/main/kotlin/io/ia/sdk/tools/module/cli/ModuleGeneratorCli.kt
index 08256e5..b029357 100644
--- a/generator/generator-cli/src/main/kotlin/io/ia/sdk/tools/module/cli/ModuleGeneratorCli.kt
+++ b/generator/generator-cli/src/main/kotlin/io/ia/sdk/tools/module/cli/ModuleGeneratorCli.kt
@@ -19,7 +19,7 @@ import java.util.concurrent.Callable
 
 @Command(
     name = "ignition-module-gen",
-    version = ["0.4.0"],
+    version = ["0.5.0"],
     description = ["Generates an Ignition module skeleton according to provided arguments."],
     subcommands = [HelpCommand::class],
     mixinStandardHelpOptions = true
@@ -160,7 +160,7 @@ class ModuleGeneratorCli : Callable<Int> {
             configBuilder.debugPluginConfig(true)
             configBuilder.rootPluginConfig("""id("io.ia.sdk.modl")""")
         } else {
-            configBuilder.rootPluginConfig("""id("io.ia.sdk.modl") version("0.4.0")""")
+            configBuilder.rootPluginConfig("""id("io.ia.sdk.modl") version("0.5.0")""")
         }
 
         val config = configBuilder.build()
diff --git a/generator/generator-core/src/main/kotlin/io/ia/ignition/module/generator/api/GeneratorConfig.kt b/generator/generator-core/src/main/kotlin/io/ia/ignition/module/generator/api/GeneratorConfig.kt
index 3322dbd..4ee6391 100644
--- a/generator/generator-core/src/main/kotlin/io/ia/ignition/module/generator/api/GeneratorConfig.kt
+++ b/generator/generator-core/src/main/kotlin/io/ia/ignition/module/generator/api/GeneratorConfig.kt
@@ -116,7 +116,7 @@ data class GeneratorConfig constructor(
      * generated, as it is assumed the plugin will be established via 'includeBuild' in settings.gradle
      * pluginManagement.
      */
-    val modulePluginVersion: String = "0.4.0",
+    val modulePluginVersion: String = "0.5.0",
 
     /**
      * If signing the module should be required, set to false.  Set to true by default to allow building the
diff --git a/generator/generator-core/src/main/kotlin/io/ia/ignition/module/generator/api/GeneratorConfigBuilder.kt b/generator/generator-core/src/main/kotlin/io/ia/ignition/module/generator/api/GeneratorConfigBuilder.kt
index 6031c50..36955c6 100644
--- a/generator/generator-core/src/main/kotlin/io/ia/ignition/module/generator/api/GeneratorConfigBuilder.kt
+++ b/generator/generator-core/src/main/kotlin/io/ia/ignition/module/generator/api/GeneratorConfigBuilder.kt
@@ -26,7 +26,7 @@ class GeneratorConfigBuilder {
     private var debugPluginConfig: Boolean = false
     private var rootPluginConfig: String = ""
     private var useRootForSingleProjectScope: Boolean = false
-    private var modulePluginVersion: String = "0.4.0"
+    private var modulePluginVersion: String = "0.5.0"
     private var allowUnsignedModules: Boolean = false
 
     // builder methods
diff --git a/gradle-module-plugin/README.md b/gradle-module-plugin/README.md
index 9106c8f..90f0183 100644
--- a/gradle-module-plugin/README.md
+++ b/gradle-module-plugin/README.md
@@ -19,7 +19,7 @@ For current versions of gradle, simply add to your `build.gradle.kts`:
 ```kotlin
 // build.gradle.kts
 plugins {
-  id("io.ia.sdk.modl") version("0.4.0")
+  id("io.ia.sdk.modl") version("0.5.0")
 }
 ```