If a company suffers losses for several years in a row, employees aren't likely to receive profit-sharing contributions. This type of plan "might not be the right fit for each business," Halbert says.

A profit-sharing plan is a defined contribution retirement plan that allows an employer or company owner to share the profits in the business, up to 25 percent of the company’s payroll ...

To attract and keep talented employees, it can be a smart move to add a 401(k) plan to your small ... contribution is 401(k) profit sharing, which allows a business to set aside a portion of ...