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, plan designs that 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.
Small Plan Design Results
Our design specialists consulted with a privately held company to redesign their 15 life simple IRA for hidden opportunities. With our assistance we helped the client reposition their plan and save $48,165 net after-tax annually and put $.81 of every dollar back into the three owner’s accounts. Details