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Product Comparison Chart

Full Service 401k

• Generally suitable for:  Larger companies (100 or more employees) that want full-service bundled 401k plan.
• Features and advantages include:
  • Generally suitable for:  Larger companies (100 or more employees) that want full-service bundled 401k plan.
  • Features and advantages include:
    • Flexible range of plan design options
    • May be primarily employee funded
    • Pretax contribution advantages
    • May include employer contributions, subject to vesting schedules
    • Full range of investment options from leading fund families; company stock; self-managed accounts
    • Employee communications and education support

Profit Sharing Plan

• Generally suitable for:  Companies of any size that want the flexibility to change contributions annually and to focus employees on profits
• Features and advantages include:
  • Employer funded, with choice of formulas, up to certain limits per employee
  • Deductible up to 15% of payroll
  • Flexibility in plan design includes vesting schedules and loans
  • Broad choice of investment options, including major fund families, company stock, and self-managed accounts

Money Purchase Plan

• Generally suitable for:  Companies that want to commit to the same percentage contribution each year
• Features and advantages include:
  • Employer funded, at a fixed contribution rate, up to certain limits per employee
  • Deductible up to 25% of payroll
  • May allow for loans and vesting schedules

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