Qualified Retirement Plans
Qualified Retirement Plans are employer-sponsored savings programs that help employees prepare for their financial future while providing valuable tax advantages for the business. At CF Benefits, we guide employers through every step — from plan selection and design to compliance and administration — ensuring your plan is efficient, well-managed, and aligned with your goals.
We create side-by-side cost comparisons across leading recordkeepers, evaluate plan features, and make sure your business is in the most cost-effective and compliant strategy possible. As a fiduciary, we take on that responsibility for you, overseeing investments and administration to help protect your company from unnecessary risk.
How We Help
Compare plan types and recordkeepers to identify cost savings
Design strategies that fit your company structure and employee demographics
Handle ongoing administration and compliance so HR doesn’t have to
Provide fiduciary oversight and annual plan reviews
Manage enrollments, education, and employee communication
401(k) Plan
A 401(k) is one of the most popular and flexible retirement plans for employers and employees alike. It allows employees to contribute pre-tax income toward their retirement savings, with the option for employer matching contributions.
Benefits:
Higher contribution limits than many other plans
Optional employer matching or profit-sharing contributions
Potential for plan loans and Roth contributions
Eligible for startup and employer contribution tax credits under the SECURE Act 2.0
SIMPLE IRA
A SIMPLE IRA (Savings Incentive Match Plan for Employees) offers an easy, tax-advantaged way for small businesses to help their employees save for retirement. Employees contribute pre-tax dollars, while employers make either a matching or fixed contribution each year.
Benefits:
Straightforward setup and low administrative costs
Tax-deferred growth on contributions
Federal tax credits may offset startup and employer contribution costs
SEP Plan
A SEP IRA (Simplified Employee Pension) is a flexible plan designed for small businesses or self-employed individuals. Only the employer contributes, making administration and budgeting predictable.
Benefits:
High contribution limits (up to 25% of compensation, within IRS limits)
Tax-deductible employer contributions
Easy to establish and maintain
Profit Sharing Plans
A Profit Sharing Plan allows employers to share company profits with employees by making discretionary contributions to their retirement accounts. Employers can decide each year how much to contribute based on business performance.
Benefits:
Encourages employee loyalty and engagement
Tax-deductible employer contributions
Flexible contributions tied to company success
Defined Benefit Plans
A Defined Benefit Plan (traditional pension plan) provides employees with a guaranteed benefit at retirement, typically based on salary and years of service.
Benefits:
Highest contribution limits of any qualified plan type
Predictable, guaranteed retirement income for employees
Significant tax deductions for employers