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Profit Sharing

Profit sharing plans give plan sponsors the flexibility to decide year over year if they want to contribute on behalf of the plan’s participants. This benefit is a proven method to increasing employee retention and satisfaction. But, how do you come up with a set formula that works for every employee, and you? We help structure your profit sharing options by determining eligibility, percentage of profits, and vesting, and make sure it falls under state and federal regulations. If it’s right for you, we make sure the plan is executed according to plan and assist in the filing of upfront and ongoing legal documentation.