Through UNIFI Companies Retirement Plans you have access to a variety of plans–from traditional profit sharing to advanced plan design tailored to high net worth employee groups. Our plans include:

Corporate Plans

The 401(k) is the backbone of our retirement plans business. The traditional 401(k) is the most popular employer-sponsored retirement plan for private companies. Variations include:

• Safe Harbor 401(k) Plan–allows highly compensated employees to contribute the maximum amount.
• New Comparability Plan–offers different benefit structures for different divisions within a business.
• UNIFI Retirement Personal(k)^SM –simplified design especially for small business owners.
• Cash Balance Plan–a hybrid of a traditional pension plan and a 401(k), allows substantially higher contributions.

Governmental Plans

Governmental plans allow employees of states, municipalities, political subdivisions or agencies to save for retirement without paying income taxes on contributions or on any earnings until they are withdrawn. Types of plans include:

• 457(b) Plan–These deferred compensation plans are available for state or local government employees.
• 401(a) Money Purchase Plan– Set aside money for retirement. Contributions are made by your employer, you or both. 
• 414(h) Plan–With this money purchase plan, the government employer agrees to contribute a specific amount to eligible employees. The employer  “picks-up” employee “mandatory” contributions on a pre-tax basis.