A Double Advantage Safe Harbor or “DASH” plan combines the benefits of a Safe Harbor 401(k) with a New Comparability Profit Sharing Plan.

The “DASH” plan allows all participants to make the maximum allowable deferral each year. The plan also allows the employer to make targeted tax-deductible profit sharing contributions.

This is the plan of choice for plan sponsors who wish to maximize the individual contributions to a select group (owners, management, etc.) and minimize employee cost.

Who is the “DASH” plan right for?

• Small-to medium-sized businesses where the owners or management wish to maximize their retirement savings but are concerned about the cost effectiveness of the plan.
• Businesses that wish to reward specific classes of employees (i.e., management).