Mike ---
Let's touch on that statement "fiduciary responsibility" --- particularly if you're also going to benefit from this pension plan.
What that statement really boils down to is SAFE - BORING - Low returns due to low risk.
You might be better off with some kind of plan -- unofficial by the way -- of paying bonuses -- or doing some kind of savings matching... That way you escape all the paperwork and accounting expenses as well as the OBLIGATION... I hate that word by the way.... Because an OBLIGATION is no big deal when it's easy -- it's a huge word when it's not so easy.
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