How does employer make contributions for employee's college fund?

[Dave Baker]

Can anyone shed some light on a subject that was recently introduced to me? I have a client that is interested in providing an investment/savings plan for the benefit of the employee's children, a savings plan for college tuition.

I've studied the new 529 State sponsored investment plans and that plan doesn't provide for the employer to make contributions on behalf of the employee.

My client has heard of this through BNA, who is BNA? Is there such a plan where employees and employers can save for the costs of secondary education?

[relayed to this message board by Dave Baker for DonnyD]