Business Retirement Plans

Employer-sponsored retirement plans designed around your business

A well-designed retirement plan can help business owners support employees, manage tax planning opportunities and strengthen the long-term value of their business. For companies in Rochester, New York and beyond, it can also play an important role in recruiting, retaining and rewarding the people who help the company grow.

Davie Kaplan works with business owners to design, review and manage employer-sponsored retirement plans that fit their goals, workforce and financial picture. Because nearly every business decision has tax implications, our team looks at retirement plan strategy through a tax-intelligent lens.

Retirement Plans That Support Business Goals

A business retirement plan should do more than satisfy a benefits requirement. The right plan design can help owners save for their own retirement, provide meaningful benefits to employees and align with the company’s broader tax and financial strategy.

As the business grows, the plan should be reviewed alongside contribution strategies, employee participation, plan features and the owner’s long-term goals.

Plan Design, Review and Oversight

Many companies already have a retirement plan in place but have not reviewed it closely in years. Costs, investment options, employee needs, plan design and fiduciary responsibilities can change over time.

Our team helps business owners evaluate whether their current plan still fits. That may include reviewing administrative support, investment solutions, employee education, plan costs and opportunities to strengthen participation.

For businesses starting a new plan, we help guide the process from initial design through implementation and ongoing support.

A Tax-Intelligent Approach

Retirement plan decisions often affect both the business and the owner personally. Contribution strategies, profit-sharing options, owner compensation, cash flow and tax planning should be considered together rather than separately.

Davie Kaplan’s advisors work alongside CPAs when appropriate so business owners can evaluate retirement plan decisions with a fuller view of the tax and financial implications. This perspective can be especially valuable for owners with complex financial lives, multiple entities or long-term goals tied closely to the business.

Why Businesses Work With Davie Kaplan

Davie Kaplan helps businesses evaluate retirement plan decisions with practical guidance, ongoing support and a tax-aware perspective.

Plan services may include:

Review of existing retirement plans
Customized plan design for new or growing businesses
Periodic plan reviews and benchmarking
Fiduciary support and administrative oversight
Investment solution review
Employee education and engagement
Guidance around plan costs and service providers
Ongoing support from a dedicated team

Planning Beyond the Company Plan

For many business owners, the company retirement plan is only one part of a larger financial picture. Personal retirement planning, investment strategy, estate planning, succession planning and the eventual transition from the business may all be connected.

Many clients who work with us on business retirement plans also rely on our team for Financial Planning, Investment Management, Estate & Legacy Planning, Tax Planning & Compliance, Business Advisory and Planning for Business Owners.

Frequently Asked Questions

What type of retirement plan is best for a business?

The right retirement plan depends on the company’s size, cash flow, workforce, owner goals and tax considerations. Common options include 401(k) plans, profit-sharing plans and other qualified retirement plans. At Davie Kaplan, we'll work with you to identify or understand your goals to find the plan that's right for your company.

When should a company review its 401(k) plan?

A company should review its 401(k) plan regularly, especially when the business grows, employee demographics change, plan costs increase, participation is low or the owner’s retirement and tax planning goals shift.

Why does tax planning matter when choosing a retirement plan?

Plan design, contribution strategy, profit-sharing options and owner compensation can all affect the business’s tax picture. A tax-intelligent approach helps owners evaluate how the plan fits with cash flow, profitability and personal retirement goals.

How can a retirement plan help business owners personally?

A business retirement plan can help owners save for retirement, support tax planning and prepare for life beyond the company. It should be evaluated alongside personal retirement planning, investments, estate planning and succession goals.

Does Davie Kaplan help with employee education?

Yes. Davie Kaplan helps businesses provide employee education so team members better understand the plan, their options and the importance of saving for retirement.

Discuss Your Business Retirement Plan

A strong retirement plan can support employees, business goals and the owner’s long-term financial strategy. Davie Kaplan helps businesses design, review and manage plans with practical guidance, ongoing support and a tax-intelligent perspective.

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