Employee Benefit Programs
A company's benefits package is a vital factor in determining whether or not the business will attract and keep the personnel it needs to operate and expand. Jones Associates are experienced in designing and implementing employee benefits programs for small and medium sized businesses.
We believe it's important to take time to interview owners and employees before structuring a benefit package. We also believe that any benefit plan must provide the best possible combination of benefits to costs. Once a program is implemented, we will work with the administrators, allowing the business owners to focus on running the business.
One of the most popular benefit plans today is a 401(k) pension or profit sharing plan that helps employees save for the future while saving the employer tax dollars today. Contributions to these plans and other qualified retirement plans are tax deductible and assets grow on a tax-deferred basis. Other benefit plans can be structured to offer deferred compensation incentives on a non-qualified basis to help companies achieve organizational goals while also helping them recruit, retain and reward key employees. These plans offer tremendous flexibility in design, selection of participants, and methods of financing. Jones Associates will guide you through the array of options that may include:
- 401(k) plans
- Nonqualified plans
- Pension plans
- Profit sharing plans
- Executive bonus plans