Example #2

Objectives: A small, closely-held business where the owners want to maximize their own qualified contributions and can go beyond the Defined Contribution limits but, want to minimize the employer-required contributions to their employees.

Goals Met:

• Owners able to contribute large dollars to the plan and have the flexibility to choose different amounts
• Employer required to give employees 8% for contributions
• Owners represent 95% of all the contributions being made to the plan

Click each bucket for an example.