Can An Employer Have More Than One Retirement Plan? 
The short answer is yes . And here 's an example : A popular employer sponsored qualified retirement plan strategy is to use a 401 -LRB- k -RRB- and a cash balance plan in combination , leveraging the contribution limits for employer . The 401 -LRB- K -RRB- is a defined contribution plan in tandem with a cash balance plan which is defined benefit plan can , after meeting the requirements , substantially save money with pretax dollars . 