Qualified retirement plans come in all shapes and sizes. MMG is a third-party administrator that designs, implements and administers your retirement plan. MMG works on plans as basic as a 401(k) employee salary deferral-only plan and as complicated as a combination cash balance / profit sharing plan.
There are many nuanced differences among types of plans, and they can be tricky. Below is a brief synopsis of a few plan types. Ultimately, the best plan for your company is the plan that meets your financial and tax goals. Just let us know your objectives, and we will put together a retirement program that works for you and your company!