Jonathan owns and operates a deli restaurant in New York City. It is a family business...

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General Management

Jonathan owns and operates a deli restaurant in New York City.It is a family business and all of the employees are familymembers. Jonathan wants to establish a retirement plan so he cansave for retirement and the retirement of his employees on a taxdeferred basis. Jonathan only wants to contribute to the plan whenthe business makes a profit. He is happy to contribute on behalf ofhis employees if the business is doing well. He wants to limitadministrative fees. You have been hired to recommend a plan forJonathan
o Examine the risks associated with your recommendation and theways Jonathan can mitigate these.

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One of the biggest risk factors Jonathan faces is the costs associated with his plan If Jonathan decides to match his employees contributions every year this could certainly become costly However there are some benefits to matching employee contributions Contributions on Jonathans See Answer

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