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# Compare Business Retirement Plans

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WF 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.

Plan Features | SEP IRA (Simplified Employee Pension IRA) View Details | SIMPLE (Savings Incentive Match Plan for Employees) IRA View Details | 401(k) Plans View Details | Profit Sharing Plans View Details
--- | --- | --- | --- | ---
Overview | Small business owners can make tax-deductible contributions with this flexible plan. If you have employees, you will most likely 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 and Roth 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 of any size | A business of any size
Employee Pre-tax Contributions | No salary deferral contributions permitted | Yes | Yes | No salary deferral contributions permitted unless there is a 401(k) provision in the plan
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
Pre 59 1/2 additional tax | 10% | 25% in the first two years; 10% thereafter | 10% | 10%
Maximum Contribution Percentage allowed annually | Up to 25% | Employer (required): Either dollar-for-dollar matching up to 3% or 2% to all eligible employees. Beginning in 2024, an optional, additional employer contribution may be made if uniform and does not exceed the lesser of 10% of compensation or $5,000 (indexed for inflation) Employee: Up to $16,500 of pay (not including catch-up) | Employer: Profit sharing and match: Up to 25% Employee: Up to $23,500 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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Investment and Insurance Products are:

- Not Insured by the FDIC or Any Federal Government Agency
- Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate
- Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested

Investment products and services are offered through WF Advisors. WF Advisors is a trade name used by WF Clearing Services, LLC (WFCS) and WF Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of WF & Company.

Traditional IRA contributions may be made into a SEP IRA however the ability for tax deductions varies on personal tax filing status and modified adjusted gross income.

IRS additional tax if withdrawn before age 59 ½ unless an exception applies.

Maximum contributions to retirement plans are determined as a percentage of compensation as defined in the plan document and varies among plan types. The maximum compensation limit for 2025 is $350,000. The overall maximum dollar limit of total employer and employee contributions is $70,000 ($77,500 in 401(k)s for those age 50 or older, $81,250 in 401(k)s for those ages 60 – 63).

WF and Company and its Affiliates do not provide tax or legal advice. This communication cannot be relied upon to avoid tax penalties. Please consult your tax and legal advisors to determine how this information may apply to your own situation. Whether any planned tax result is realized by you depends on the specific facts of your own situation at the time your tax return is filed.

Information published by WF Bank, N.A., WF Advisors, or one of its affiliates as part of this website is published in the United States and is intended only for persons in the United States.

WF Bank, N.A. is a bank affiliate of WF & Company.

PM-09032026-7694692.1.1

LRC-0325