Business Investments / Employee Retirement Services

Employee Retirement Services

Retirement plans are among the most important benefits a company can offer its employees. At Frost, we know every employee, just like every business, is different. That’s why we work with you to create a retirement plan that meets your company’s unique needs, and the individual needs of your employees. We can also administer and manage your plan assets, and provide investment-planning services to your employees.

401(k) Plans

A 401 (k) plan is one of the most popular retirement savings vehicles employers offer, allowing employees to save for the future while deferring taxes on their contributions until withdrawal.

403(b) Plans

Designed for tax-exempt organizations such as public schools, non-profits and ministries, a 403(b) plan offers similar benefits as a 401(k) plan.

Business Profit Sharing Plans

A business profit sharing plan is a powerful way to help your employees build long-term retirement savings while motivating them to become more invested in the company’s success. It gives you, as the employer, the flexibility to decide how much to contribute each year, and those contributions, as well as plan expenses, are tax deductible.

Defined Benefit Plans

A defined benefit plan is an employer-funded pension that provides retired employees a fixed, pre-established benefit once they meet minimum service requirements, including:

Tenure (years served) with the company
Salary level
Other factors determined by the plan, such as age

SIMPLE IRA

SIMPLE IRAs (Savings Incentive Match Plan for Employees Individual Retirement Accounts) are ideal for small businesses with 100 or fewer employees that do not offer another retirement plan. These plans provide a straightforward, cost-effective way for both employers and employees to contribute to retirement savings without the heavy administrative oversight and high fees often associated with other plans. Contributions are tax deferred and are subject to annual contribution limits.¹

Money Purchase Pension Plans

With a money purchased pension plan, your company makes fixed annual contributions to each participating employee's individual account. Contributions are mandatory and the amount is annually specified in advance. It is usually a percentage of income and unlike profit sharing, this percentage is not tied to the company’s performance.

Non-Qualified Plans

Non-qualified plans may be targeted to a select group of employees and offer the employer the flexibility to change annual contributions. Employers might choose these plans to help provide additional compensation to key employees or supplement qualified retirement plans for higher paid employees. Contributions to these plans are tax-deferred until retirement for the employee.

SEP IRA

A Simplified Employee Pension, SEP, IRA allows employers to make annual contributions to an employee’s IRA account. These are ideal retirement plans for self-employed people or small business owners due to the high annual contributions limit and minimal administration they require. Additional key benefits include:

Contributions are equal to all employees²
Annual contributions are discretionary and tax-deductible to the employer
100% immediate vesting
Any earnings grow tax-deferred until withdrawn
Fewer administrative requirements than qualified plans

¹For 2026, employees participating in a SIMPLE IRA plan can defer up to $17,000. For those 50 and older, the catch-up contribution limit is $4,000. For those 60 to 63, the catch-up contribution limit is $5,250.

²The maximum employer contribution for a SEP IRA is the lesser of 25% of total compensation or $72,000 (for 2026) as indexed thereafter per participant (approximately 20% if self-employed). In addition, there is a uniform contribution rate for employees and the employer.

Retirement plan resources and reminders

Learn more from our experts in our quarterly communication of compliance reminders, information and resources to help you successfully manage your company’s retirement plans for your employees.

Learn more