ABA Retirement Funds Program Plan Design
When you choose a retirement plan for your firm, you want flexibility in plan design that addresses your needs as a plan sponsor, as well as the needs of your plan participants. Whether establishing a new plan or converting your existing plan, the ABA Retirement Funds Program (the “Program”) allows you the options and flexibility you require. This guide is intended to assist you in understanding some of your basic plan design options under the Program. For more information and additional plan design options please see the Program's Plan Design flyer by clicking on the link to the left.
Profit Sharing Plan
Employer Driven: Typically used when the firm seeks flexibility in making contributions.
Employee Driven: Typically used when the firm seeks to offer an employee funded benefit.