Profit-sharing pension plan
From Wikipedia, the free encyclopedia
This article is about the retirement plan in the U.S.. For incentive plans for employees that do not provide retirement benefits, see Profit sharing. For a method of finance used in Islamic banking, see Profit and loss sharing.
A profit-sharing agreement for pensions, typically in the United States, is an agreement that establishes a pension plan maintained by the employer to share a portion of its profits with its employees.