A 401(K) Excess Plan enables highly paid executives to defer amounts in excess of the deferral limitations set forth in a typical qualified 401(K) plan.

For a select group of highly paid executives, the 401(K) Excess plan can be an instrumental tool to help recruit and retain the best executive talent.

A properly designed 401(K) Excess Plan:

  • Maximizes Savings opportunities
  • Attracts and retains top talent
  • Is not limited to ERISA regulations
  • Motivates executives to accomplish goals and achieve success for the organization
  • Flexible