You and your business are unique, therefore you should not settle for an off-the-shelf retirement plan. At Benefit Plans Plus, we custom design retirement plans based on the unique demographics, financial resources and philosophies of your business. We typically present multiple options designed to maximize the value for both the employer and employee. This results not only in maximized savings opportunities but significant pre-tax and after-tax saving advantages as well.
We Are Your Partner
When asked to present a retirement plan design, we ask more comprehensive questions so we can deliver better, bolder answers. Our competition routinely offers the “one size fits all” approach. We know from experience that this approach results in lost opportunities for savings and tax reductions. Typically, we’ll ask very detailed questions about your business goals, your savings goals, and your employees. It is then that we are prepared to build several custom plan designs from which you can choose.
Business Impact Through Experience
The options we typically offer include 401k, profit sharing, safe harbor, new comparability, defined benefit, cash balance and any combinations of these retirement plan options.
Many business owners tell us they never knew the impact a redesign could make. If you would like to have Benefit Plans Plus create a custom plan design for your company, please contact our team.
Retirement Plan Designs That Work
Benefit Plans Plus has custom designed retirement plans for companies with 1 to 3000+ employees. Often our plan designs allow for the owner(s) of the company to receive 90% or more of every dollar the company contributes to the plan. In addition, our plan designs can result in a negative after tax cost when factoring in the deductibility of company contributions and the tax savings from owner(s) deferring salary through 401k salary reduction contributions.
