Nearby Terms

12b-1 fee
10 Q
10 K
401(k) plan
A list

401(k) plan


An employer-sponsored, tax-advantaged, deferred compensation retirement plan. Under the rules that govern these accounts, plan participants can deposit deferred income into an employer-administered account. The plan administrator determines what latitude the account-holder has in making his or her own investment decisions, which in some cases are limited to employer-approved funds.