Rogers & Associates typically designs and implements a bundled profit sharing plan for employers not well suited for a 401(k) plan.  Although we offer a variety of profit sharing plan designs, i.e. age based, comparability, discretionary, etc. the basic requirements apply to all.

Profit sharing plans offer flexibility over the amount of the contribution to be made each year, however, the formula for allocating the contribution among the participants is definite.  This formula will be developed based on the criteria given to us by you.  How much do you want to accumulate for retirement?  Do you have older employees that have fewer years to accumulate these funds?  Do you have to give away the farm to save for yourself?  We can help you determine if a profit sharing plan is right for you.