|
What
kind of owners benefit:
|
•
|
All
owners but especially younger owners.
|
| • |
Also
owners who have already accrued a large benefit in a previous
defined benefit plan. |
| |
|
| The
employer who finds this plan attractive is one who: |
| • |
Desires
allowing employees to defer up to 15% of their compensation
for retirement purposes. |
| • |
Wants
to limit his fiduciary liability by allowing participants
to direct their own account's investments. |
| • |
Can
accept the high administrative costs necessary to maintain
the plan. |
