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Employees should bear investment risk

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Mark Morgan is the owner of Apple Incorporated, amall teacher's supply company. He employs five full-time employees (salaries range from $30,000 to $65,000) and two part-time (both have earnings around $15,000). Mark would like to start a retirement plan for the benefit of himself and his employees. Mark believes he will have funding available each year for small contributions, but does not have time for administration. His other objectives are: 1. Very easy to establish and inexpensive to administer. 2. Employees should bear investment risk.

Mark wants his employees also to have the ability to contribute Which retirement plan (qualified or non-qualified) would you recommend ?

Reference no: EM133306380

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