Pinnacle Plan Design is a third party administrator (TPA) for employer-sponsored qualified retirement plans. We specialize in retirement plan design, administration and actuarial consulting. Pinnacle is proud to offer retirement plan administration services in Baltimore, MD (Maryland), as well as nationally.

Cash Balance Plans

A defined benefit plan provides larger (additional) limits than a defined contribution plan (100% of compensation, $69,000 for 2024). Sample defined benefit contributions: age 40: $115,000, age 50: $190,000, age 60: $315,000 (assumes adequate compensation, service and participation to support the maximum dollar benefit).

What is a cash balance plan? A cash balance plan is a defined benefit plan where the benefit for the participant is defined in terms of a “hypothetical account balance” instead of a periodic benefit (as is the case in a traditional defined benefit plan).

Learn all about cash balance plans and how they can be utilized as powerful tax saving vehicles. About Cash Balance Plans.

Contact: Third Party Administrator Baltimore

Pinnacle Plan Design is proud to offer retirement plan administration services in Baltimore, MD (Maryland), and surrounding areas including Annapolis, Calverton, Brooklyn Park, Arbutus, Rosedale, Dundalk, Catonsville, Lochearn, Overlea, Parkville, Essex, Ferndale, Elkridge, Townson, Rossville, and Pikesville.