Plans

Crown Benefits: Plans

Crown Benefits has a proven track record in third party administration of retirement & pension plans. Crown offers a variety of retirement plan solutions benefiting clients across the United States. Our plan consulting team can offer you a variety of options for your plan design, whether you are starting up a new plan or updating an existing plan. Plans are designed on an individual basis with the company’s goals in mind.

Please Click the Form Icons to review the Product Brochures.

Owner Only Benefit Plans

Single (k) Profit Sharing Plan

Who should consider this plan?

  • Small or medium-size businesses who want a retirement plan that will maximize contributions to owners while minimizing contributions to other employees.
  • Allows owners to defer the maximum
  • Provides a benefit package for Highly Compensated Employees.
  • Avoids ADP Testing which eliminates refunds to owners and other highly compensated employees.
  • Minimizes company contributions to non-owner employees

Owner Only Defined Benefit Plan

Who should consider this plan?

  • Professionals with no employees or an owner and spouse, such as: physicians, dentists, architects, real estate brokers, attorneys, engineers, entertainers, consultants to name a few.
  • Higher annual contributions then a SEP, SIMPLE, or Profit Sharing.
  • After-tax ROTH salary deferrals with no compensation limits.

Businesses With Employees

Safe Harbor 401(k) Plan

Who should consider this plan?

  • Small or medium-size businesses who want a retirement plan that will maximize contributions to owners while minimizing contributions to other employees.
  • Allows owners to defer the maximum.
  • Plan is exempt from top heavy rules.
  • Provides a benefit package for Highly Compensated Employees.
  • Stabilizes company contributions to non-owner employees.

Cross Tested 401(k) Plan

Who should consider this plan?

  • Small or medium-size businesses who want a retirement plan that will maximize contributions to owners while minimizing contributions to other employees.
  • Allows owners to receive the majority of the plan contributions.
  • Provides a benefit package for Highly Compensated Employees.
  • Minimizes company contributions to non-owner employees.

Cash Balance DB + 401(k) Plan

Who should consider this plan?

  • Partners or owners who desire to contribute more than $53,000 per year to their retirement account.
  • Companies already contributing 3-4% to their employees or at least willing to do so.
  • Partners or owners over 40 years of age who desire to “Catch-Up” or accelerate their pension savings.

Start Today with our Free Proposal

Find out which retirement plan is right for you or your client, simply contact us.  In one easy step, Crown Benefits will run an illustration at no cost or obligation.

Call Today (800) 269-1447