Executive Benefit Plans

Ideal tools for recruiting and retaining talent

For some businesses, Executive Benefit (non-qualified) plans can be ideal tools for recruiting and retaining talent. They can also become powerful vehicles for executive wealth creation, while allowing employers to:

  • Preserve savings opportunities lost due to legislative limits.
  • Attract and retain key executives.
  • Reward executives for outstanding performance with an added compensation element.
  • Motivate performance to meet corporate objectives.
  • Provide benefits beyond other group benefit plans.

OJM can work with business owners to design and implement the following types of executive benefit plans:

  • Non-Qualified Deferred Compensation Plan
  • Supplemental Executive Retirement Plan (SERP)
  • Section 162(a) Executive Bonus Plan
  • Executive Carve-Out Plan
  • Executive Disability Insurance
  • Executive Long-Term Care Insurance

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