The Profit Sharing provision allow you to give an employer contribution to your eligible employees.
Profit sharing contributions may be set up to be either fully vested immediately or subject to a 6-year vesting schedule in which an employee is 0% vested in the profit sharing portion of their account their first year, 20% with
two years of service, and an additional 20% each year following. An employee who separates from service and forfeits the non-vested portion
of his account will create an amount which may be allocated back to other eligible employees as part of the next year's profit sharing contribution.
You may set up this plan to allow larger contributions to your senior employees of which the owners are generally included.
This can result in contributions to the owners that are three times higher as a percentage of pay than the contributions given to the non-owner employees.