401(k) Profit Sharing Plans

Business Owner’s Guide to Retirement Plan Review
July 7, 2017
Business Owner Retirement Plans
July 7, 2017
Show all

401(k) Profit Sharing Plans

The American National Solution: 401(k) Plan

Why have small business owners adopted 401(k) plan from American National? Because we offer:
Custom plan designs that can favor the owner(s) and/or the key employees of the business
Complete documentation for establishing the plan
Total ongoing service for the life of the plan, provided by our internal pension administration department
Administration services provide all government reports and quarterly participant statements
Low administration fees
Large variety of investment options
State of the art daily valuation system offering 24/7/365 internet access to account
Internet access to all aspects of the plan for the employer
Free and flexible investment transfers
No surrender charges for death, disability, retirement, participant loan or termination distributions

Custom Plan Design


A customized plan design that provides meaningful benefits to the business owner(s) is essential to the ongoing success of a small business 401(k) plan. American National can provide a plan design that favors the key employees of the business by utilizing various design options, including:

Traditional allocations
Allocations integrated at the social security wage base
Tiered and multi-tiered new-comparability (cross-tested) formulas

American National designs and supports all types of qualified plans. Key to making a 401(k) the plan of choice for a small business is providing a design that favors the owners and key employees of the sponsoring employer. Just one example of how a plan can be designed (or redesigned for businesses with an existing plan) is shown below.
 

Let’s Get Started With Your Future Today!