Which Plan is Right For You?
Profit Sharing Plans
A Double Advantage Safe Harbor or “DASH” plan combines the benefits of a
The “DASH” plan allows all participants to make the maximum allowable deferral each year. The plan also allows the employer to make targeted tax-deductible profit sharing contributions.
This is the plan of choice for plan sponsors who wish to maximize the individual contributions to a select group (owners, management, etc.) and minimize employee cost.
Who is the “DASH” plan right for?
• Small-to medium-sized businesses where the owners or management wish to maximize their retirement savings but are concerned about the cost effectiveness of the plan.
• Businesses that wish to reward specific classes of employees (i.e., management).
Security Administrators, Inc. • 105 Court St. • Binghamton, NY 13901 • 1-877-SAI-BING (724-2464)