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PPC Plan Services

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This document illustrates the value and services provided by a Third-Party Administrator.

Auto Enroll 401(k) (3.5% Safe Harbor Match)

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Auto-Enroll “QACA” 401(k)
(3.5% Safe Harbor Match) 

All Employees Auto-Enrolled at 6% Deferral (From their own paychecks)

Employer Match is capped a 3.5%
(Graded match from 1% – 3.5%) 

Match Vesting is delayed until 2 Years from Date of Hire to Retain employees. Best Option

Safe Harbor plan which satisfies annual ADP/ACP Compliance Testing. Details in pdf.

Basic Match 401(k) (4% Employer Match)

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Basic Safe Harbor 401(k)
(4% Safe Harbor Match)

Voluntary to allow your employees to save for their own retirement

Employer Match is capped at 4%
 (Graded match from 1% – 4%)

Employer Match is Vested immediately to Attract & Retain top talent – Best for Professionals 

Safe Harbor plan which satisfies annual ADP/ACP Compliance Testing. Details in pdf.

Traditional 401(k) (No Employer Match)

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Traditional 401(k) w/ ROTH
(No Employer Match)

Lowest Cost Option for the Employer/Company

No Match or Mandated Employer Contribution – $0 Employer Cost 

Voluntary to allow your employees to save for their own retirement

Ability to add a 3% Safe Harbor Contribution for all Employees to remove any ADP/ACP Testing Issues.* Details in pdf.

Profit Sharing 101

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There are 3 main parts of a 401(k). Employee Deferrals & Employer Match are the first two. The more mysterious, and most magical, portion is the third – Profit Sharing. Understanding how the Profit Sharing portion can work for your plan is the best way to maximize your results – from Company Tax Deductions, Employee Retention, or simply more employer flexibility…

Cash Balance by Age

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Estimated allowable contributions (2021) – assuming retirement at 62 / 65 with 5 years of participation in the plan.

Solo (k) with Cash Balance Plan

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There are 3 main parts of a 401(k). Employee Deferrals & Employer Match are the first two. The more mysterious, and most magical, portion is the third – Profit Sharing. Understanding how the Profit Sharing portion can work for your plan is the best way to maximize your results – from Company Tax Deductions, Employee Retention, or simply more employer flexibility…

PPC Census Form

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The Census Form captures details for a specific plan year for each participant including compensation.

PPC 3 Legged Stool

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The Plan Sponsor relies upon partners to successfully maintain an effective retirement plan. The attached document illustrates this example.

Safe Harbor Quick Tips

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The following 401(k) Safe Harbor Quick Guide illustrates the benefits and drawbacks to each type of Safe Harbor plan-type.