Plan Design

Did you know that there are over 25 different allocation methods to choose from if employer monies are contributed to the plan? Or that there are various types of salary deferral plans?

Our goal is to make sure the plan design you have meets your current needs as well as future anticipated changes to your business. All too often, a retirement plan is established and its specifications are never revisited. We’ll review your plan features, offering suggestions as appropriate based on your objectives and the changes in regulatory and business environments.

Client Need
Our Client, a small service company, wanted to reward its key people, using their retirement plan as a vehicle.

Our Solution
By redesigning the allocation of its profit sharing dollars, the owners increased their percentage of the total dollars contributed from 38% to almost 70%.