Compare Business Retirement Plans

Wells Fargo Advisors offers a full suite of retirement plans to support your business. Compare our plans, or call one of our experienced financial professionals at 1-877-493-4727 to find a solution for your business.


Plan Features SEP IRA (Simplified Employee Pension IRA)
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SIMPLE (Savings Incentive Match Plan for Employees) IRA
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401(k) Plans
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Profit Sharing Plans
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Overview
Small business owners can make tax-deductible contributions with this flexible plan. If you have employees, you may be required to contribute for them.
Offer a salary deferral plan for your employees easily and affordably.
Offer a salary deferral plan minus the cost or administrative responsibilities associated with traditional 401(k) plans.

A flexible plan offering the highest level of employee pre-tax contributions, a wide range of employer contribution options, and an optional loan provision.

Businesses employing only the business owner may benefit from establishing an Individual 401(k)

Flexible plans with various contribution options designed to reward long-term employees with tax-deferred growth — including an optional loan provision.
Well-suited for:
Self-employed individuals and small business owners with a few employees
Businesses with 100 or fewer employees who received at least $5,000 in compensation the previous year
A business with 25 or more employees
A business of any size
Employee Pre-tax Contributions

Yes
Yes

Employer Contributions
Yes
Yes
Yes
Yes
Deductible Contributions
Yes
Yes
Yes
Yes
A variety of investment options
Yes
Yes
Most commonly use mutual funds
Yes
Early IRS Withdrawal Penalties1
10%    
25% in the first two years; 10% thereafter
10%   
10%   
Maximum Contribution Percentage allowed annually2
Up to 25%

Employer (required): Either dollar-for-dollar matching up to 3% or 2% to all eligible employees 

Employee: Up to $12,500 of pay (not including catch-up)

Employer: Profit sharing and match: Up to 25% 

Employee: Up to $18,000 of pay (not including catch-up)

Up to 25%
Need help choosing the right retirement plan for your business?
Call us at 1-877-493-4727

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