As an employer, a big reason for setting up a retirement plan is because it’s an employee benefit and it can be used to recruit and retain top-level employees. Unlike health insurance, the costs of running a retirement plan don’t increase at least 20% annually. As far as what retirement plan you should be setting up, I think the best option out there is the 401(k) plan. I’m sure you’ve read so many articles on how bad 401(k) plans are, but 401(k) plans are only bad if they are run badly. To steal a line from 16-time World Champion wrestler Ric Flair, as far as 401(k) plans go: “Whether you like it, or you don't like it, learn to love it! It's the best thing going today!” When it comes to retirement plans, the 401(k) plan is your best option and this article will tell you why.