Retirement and savings plans for your small business
Savings plans made simple
Engage your employees with group retirement and savings plans that won’t add more to your plate.
You won’t pay any set-up fees or ongoing admin costs, and we'll help take care of the paperwork.
Plans for your budget
We know small businesses are unique, so Performers plans can be tailored to your needs.
Attract and retain talent
Create goodwill and encourage loyalty by offering a competitive compensation package.
What is a Performers plan?
It’s an easy way for your small business to offer retirement and savings options to your employees. Choose between a registered retirement savings plan, a deferred profit-sharing plan, or both, with an optional tax-free savings account on top.
You control what’s offered, and we’ll help take care of the rest.
How does it work?
- Choose the plan that works for your business.
- Work with us to decide how much you want to contribute.
- Employees can choose one of our managed portfolios, or make their own.
- We manage admin and help your employees manage their funds.
We’re here to help
There’s a lot to think about when you run a small business. Performers plans make the responsibilities of offering a group retirement and savings plan as simple as possible.
We help handle legal and privacy concerns, working with you to make sure your plan is compliant. Once your plan is set up, our secure online tools give you and your employees easy access to the information you need.
What are your options?
You can choose a registered retirement savings plan (RRSP), a deferred profit sharing plan (DPSP), or both.
Whichever plan you choose, you can always add on a tax-free savings account (TFSA) as another flexible savings option.
Registered retirement savings plan (RRSP)
|Deferred profit sharing plan (DPSP)|
|What does it do?|| |
Encourages employees to save for retirement
Shares company profits with employees
Who is it for?
For-profit or non-profit companies, union groups or associations
|For-profit companies only|
How can it help?
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Employers and employees can both contribute
Only the employer contributes
Which employees are eligible?
Major stakeholders aren't eligible
What do you need to do?
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How do fees work?
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Broad investment options
Once you’ve chosen a plan, your employees can decide how they want to use it. They’ll be able to choose from our professionally managed investment portfolios, or create their own.
Continuum target date funds
- A one-fund solution
- Focused on retirement as a target date
- Becomes more conservative as retirement nears
Continuum target risk funds
- 5 funds to choose from, with 5 risk profiles
- Employees choose a fund that fits their personality
- Risk stays the same over time