What Factors Should You Consider When Creating A Retirement Plan? 
What factors to consider when creating a retirement plan ? COST . Different plans have different costs associated with the operation of a plan . Administrative cost and fees can be greater than the cost of matching for some small business plans . A business owner has to look at a variety of options in plan design to keep the administrative costs low and money spent towards providinga plan , goes towards the employees the employer actually wants to reward . Most companies have set aside funds to provide for administrative costs and matching for their retirement plans . The thing is the higher your administration costs , the less money an employer has to give to the employees of the business . There are many plan choices out there to choose from . I would suggest finding a plan that allows you to reward the people who work for you , not so much for the people that bill you -LRB- plan administrators -RRB- . 