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of defined benefit and defined contribution plans. Each employee is allocated a hypothetical account, but account balances accrue at a specified rate, rather than depending on investment performance. Section 401(a) Employee Stock Ownership Plan Similar to a profit-sharing plan that must be primarily invested in the employer’s stock, and under which distributed benefits must be offered in the form of the employer’s stock. Section 401(a) Keogh Plan “Informal” term for retirement plans available to self-employed people. Section 401(a) Money Purchase Pension Plan Employer-based defined contribution plan under which annual contributions are fixed by a set formula. Section 401(a) Simple 401(k) 401(k)-type plans available only to small businesses: exempt from certain restrictions and subject to some limitations on employer contributions. Section 401(a) Profit-Sharing Plan Employer-based defined contribution plan under which employer contributions may, but need not be, linked to profits. Usually refers to non- matching employer contributions Section 401 (a) Simple 401 (k) 401(k)-type plans available only to small businesses: exempt from certain restrictions and subject to some limitations on employer contributions. Section 401(a) 401(k) Defined contribution plan that allows employees to defer receiving compensation in order to