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Are Profit Sharing Contributions Right for Your 401(k) Plan?
Employee Fiduciary Link to more items from this source
Jan. 10, 2018
"Because profit sharing contributions are flexible, they can be a great choice if your company is a start-up, has erratic profitability, or acquires other companies frequently. If your company is more stable, these contributions can help you meet several 401(k) plan goals, including: [1] Increasing the contributions made to 401(k) participant accounts up to the legal limit ... [2] Giving low-earners a base retirement benefit. [3] Attracting top employee talent with a generous retirement benefit."

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