ExpertPlan Announces DB Offering

ExpertPlan, provider of private label recordkeeping solutions for the micro to small retirement plan market, will be adding defined benefit plans to its existing suite of retirement products in October.

A new plan, ExpertPlan OnePersonPlus, is designed for sole proprietorships and micro-market businesses (one to five employees) seeking to contribute $100,000 or more of pre-tax income and take advantage of significant tax savings, according to a press release. Contributions can be two to three times higher than those typically found in a SEP or 401(k) program.

ExpertPlan OnePersonPlus plans will be sold and administered by Dedicated Defined Benefit Services, a San Francisco-based company focusing exclusively on helping advisers and financial institutions offer defined benefit plans to high-income small business owners. ExpertPlan will handle the recordkeeping services.

More information is available at