To run a successful business, you need the support and know-how from your management team and key employees. One way to recruit, retain and reward your top performers and senior managers is to offer nonqualified deferred compensation plans.
At Purk & Associates, our employee benefit plan service team will work with you to ensure that your company’s plan is set up correctly and managed properly to give your key employees the incentives to keep producing their best and for you to retain the top talent that is vital to your growth. The different types of deferred compensation plans include:
- Phantom Stock Plans
- Employee Bonus Plans
- Supplemental executive retirement Plans (SERPS)
- Tax-exempt organization deferred compensation Plans
Services provided include:
- Consultation regarding plan design and implementation
- IRS audit support
- Code section 409A compliance and consulting
Our team is dedicated to helping you offer retirement benefit plans that will help recruit, retain and reward the best talent to grow your business.
Contact Purk & Associates at 314.884.4000 to learn how we can partner together to help you achieve more by taking care of your most important business asset – your employees.