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so some of the advantages to qualified plans are first of all unlike other employee benefit plans you are not limited based on your business structure yes its an employee benefit plan and what that means is its exclusive for businesses and business owners however any type of business structure qualifies thats s Corpse to see corpse 2 LLCs what else partnerships even sole proprietors and even better yet a one-person company constitutes a company that is eligible to qualify for this type of plan any size business if its only an owner employee theres no other employees no problem theyre eligible to qualify for a plan and establish a defined benefit or a defined contribution plan they have ten employees a hundred employees a thousand employees every company can establish a defined contribution or a defined benefit plan we can also offer designs and structure plans where we can have a defined benefit plan which was a little more meaningful allows for higher contributions which means