Larry Kavanaugh, Jr.
401(k) Matching Formulas that could Boost Participation without Breaking the Budget

Offering a retirement plan shows your employees that you are committed to helping them save for their future. A matching formula is a great way to give a little bit more to your employees and increase contributions!
There are many matching formulas that can boost contributions and won’t break your bank or budget. Here are three to consider:
Safe Harbor
Graded Vesting
Cliff Vesting
In this guide, you will gain insights about these three formulas, their advantages and eligibility requirements.
3 Cost Effective Ways to Expand 401(k) Participation
Larry Kavanaugh, Jr. AIF®, CPFA, CLU, ChFC
Managing Director
Northeast Retirement Plan Advisors
950-A Union Rd.
Suite 31
Buffalo, NY 14224
716.674.6200 x237
716.674.7000
Securities and advisory services offered through LPL Financial a registered investment advisor, Member FINRA/SIPC.