We have a variety of options taliored specifically for businesses including:

Defined Contribution Plans
Defined Benefit Plans
Buy/Sell Arrangements
Executive Compensation Plans





Defined Contribution Plans
These are company sponsored retirement plans in which the level of contributions is fixed, and the benefits vary depending on the return of the investments. In some cases such as 401k, 403b, and 457 plans, employees make voluntary contributions into a tax-deferred account and the employer may or may not mach those contributions. There are many defined contribution arrangements and it is imperative that a business employ the due-dillegence nessesary to determine the best plan for that company’s situation. Oak Ridge Wealth Management focuses its practice on advising businesses of all sizes of the appropriateness of the different plans. Common types of defined contribution plans are as follows:

• 401k
• 403b
• 457
• Money Purchase Plans
• ESOPs
• Age-based Profit-sharing Plans
• Profit-sharing Plans


Defined Benefit Plans
Defined benefit plans promise to pay a specified amount to each person in the plan when they retire with a set number of years of service. Such plans pay no taxes on their investments. Employees contribute to them in some cases; in others the contributions are made by the employer.

Buy/Sell Arrangements
Protect your business by setting up a Buy-Sell Agreement. This legally binding contract can be used with all types of businesses. It stipulates that upon the death, retirement, disability or other withdrawal of a principal, his or her share of the business must be sold to the remaining partners/shareholders or the business. Life insurance can help to fund such a transaction.

• Protect your largest investment: your business
• Make cash available following the untimely departure of an owner, key employee or large shareholder
• Set a fair selling price and guarantee a buyer upon an owner’s disability, retirement or death

Like most decisions regarding your business it is important to review all your options. At Oak Ridge Wealth Management we are positioned to help you navigate the waters of the Buy/Sell marketplace.


Executive Compensation Plans

Contact Oak Ridge Wealth Management to learn more about executive compensation plans.