PROFIT SHARING PLANS
The Horizon Bank Profit-Sharing Plan is ideal for your business or organization if you are seeking a way to reward your employees’ hard work with further rewards and retirement benefits.
With an employer-funded profit-sharing plan, you will be able to supplement the value of a traditional 401(k) with specific contributions made on a schedule of your choosing.
Create contributions up to the lesser of either 25% of total compensation or the annual dollar limit
Enjoy completely discretionary contributions and flexible funding schedules
Work with a Horizon Bank investment advisor to create a vesting schedule that makes sense for your employees
Supplement the retirement savings found in your employees’ 401(k) plans
Stop by your local Horizon Bank or call us toll-free on 888-873-2640 to see how a Profit-Sharing Plan can benefit your business and create retirement benefits for your employees