Plans
 

• Profit Sharing
  With this plan, an employer shares profits with employees by contributing to a qualified retirement plan.
• 401(k) (Cash or Deferred)
  This is a type of profit sharing plan under which employees are permitted to defer an elective amount of compensation, which is deducted from current taxable income and is contributed to the profit sharing plan on behalf of the participant.
• Defined Benefit Pension
  This plan guarantees that a certain benefit will be available upon the retirement of a participant.
• Cash Balance
  This is a type of defined benefit plan that shows benefits as account balances in order to look more like a profit sharing plan.