We provide comprehensive analysis and support for business owners to solve their employee benefit needs. As a business owner, if any of the following questions are keeping you up at night, chances are you may be lacking a comprehensively designed financial plan and an experienced advisor to guide you.

  • Am I putting too much money back into my business and not bringing enough home for my family?
  • Will I ever be able to retire from my own business or my job?
  • Am I paying too much in taxes, instead of providing more employee benefits to help grow my business?

We offer a wide range of benefit options for both large and small businesses including:

  • Tax Planning
  • Executive Compensation Planning
  • Employee Group Benefits: 401(k), Group Insurance
  • Key Employee Retention Benefits
  • Business Exit Strategies
  • Defined Benefit and Defined Contribution plans
  • Deferred compensation planning
  • Business succession planning
  • Buy/Sell Planning


Case Study for Business Owners: ABC Import and Export Inc.

Henry, age 59, is the CEO and President of ABC Import and Export, Inc.   His Wife, Maria, age 52, is the office and HR manager. They have owned their successful import and export business for 15 years. Currently, the business is generating $1.5 million. Henry’s salary is $200,000, and Maria’s salary is $95,000. They have nine (9) full time employees. They are currently saving into a traditional IRA – $6000 each per year. There are currently no employee benefits. Henry and Maria are also supporting their children, Andrew and Jessica; freshman and sophomore in college, respectively.

Their concerns:

  1. Employee Recruiting and Retention
  2. Saving Taxes
  3. Retirement Saving


After meeting with Samson Chan and going through a financial planning process, the company decides to put together a safe harbor 401(k)/profit sharing and Defined Benefit Plan.

Recommendation for Concern #1: The Company will provide a 3% match as well as a profit sharing plan, which is approximately 7% of each employee’s salary. The 3% match is a great additional benefit to their employee package, which is 100% vested once the employee qualifies to enroll in the 401(k) plan. The profit sharing plan rewards each long term employee. The company will provide an additional 4% contribution per year, when the company is profitable. The profit sharing plan has a 6-year vesting schedule to help with employee retention.

Recommendation for Concern #2 and #3: Since Henry and Maria have the capacity to save for their retirement, in addition to the 401(k), Samson recommended and set up a Defined Benefit Plan for the owners. Henry and Maria set aside an additional $238,336 for their retirement. Between the 401(k), profit sharing, and Defined Benefit, the owners have saved $137,007.45 in their 45% tax bracket.

Recommendation: Samson also recommends they put their two (2) children on payroll. The children can take advantage of the 401(k) and start saving for retirement early. Henry and Maria will also save additional taxes because the children’s tax rates are lower than Henry and Maria’s tax rate.

Summary:  By working with Samson, Henry and Maria are now saving more money for their retirement. They have provided approximately $20,000 of employee benefits to help increase the company’s morale. Moreover, they now have tax deductions that they would have loved to have taken advantage of years ago.

ABC Import and Export Inc.

Retirement Plan Summary

This case study is based on a hypothetical, yet common client scenario, and is intended only to show the types of services Samson Chan can provide. Please talk to your attorney or accountant for legal and tax advice.  Samson Chan, Investment Advisor Representative. Securities and Investment advisory services are offered solely through Ameritas Investment Corp (AIC). Member FINRA/SIPC. AIC and David White & Associates are not affiliated. Additional products and services may be available through Samson Chan or David White & Associates that are not offered through AIC.