Deferred profit sharing plan (DPSP)

Invite plan members to participate in your company’s growth

Reward your plan members for their contribution to your bottom line with a Deferred Profit Sharing Plan (DPSP). A DPSP is an excellent way to motivate and engage your team.

What is a DPSP?

An employer-sponsored plan that allows for the sharing of profits through a registered savings plan

Only a plan sponsor contributes to a DPSP

No requirement for plan sponsors to contribute in years where there are no profits

Complements your group RRSP

Tax-deferred for members and vesting rules are allowed

A Manulife DPSP provides cost savings and flexibility:

Design a retirement program that meets your plan members’ needs with a complete line-up of plan types to choose from to complement the DPSP

Help plan members grow their savings, often with lower investment management fees

Offers plan members options no matter what their investment knowledge or interest level—from simple to customized solutions

Offer benefits, exclusive to a group plan, such access to financial representatives, helpful online tools and more

Choose your group retirement and savings plan

Speak to your Manulife representative to discuss group retirement and savings plan options to help meet your business needs. 


Have a question?

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