Does anyone have a defined contribution plan built that calculates a percent of salary paid in the bi-weekly check based on years of service? It is not a match.
Something like this:
0-3 YOS: 1%
4-5 YOS: 2%
6-99 YOS: 5%
I am drawing a blank on the proper coverage/contribution type combos.
It is effective July 1, of course.
no pressure