Qualified Retirement:

Defined Contribution Plans - This is also known as an individual account plan, and maintains an individual account balance for each participant.  The participant's benefit is based solely on the value of the account balance.

	Profit Sharing Plans  A profit sharing plan allows an employer (at the employer's discretion) to contribute and deduct from 0% to 25% of covered payroll per a fixed formula contained in the plan document.
	401(k) Plans A 401(k) Plan allows employees to defer pretax dollars for their own retirement savings.  These plans can be set up with or without an employer match and, in addition to a match, can allow a discretionary employer contribution each year.
	New Comparability Plans The contributions for Cross-Tested Plan are based on the employees' ages, compensation, employee classes and the percent of contribution decided by the employer.  This type of formula allows varying contribution levels among classes of employees.