History: Benefits for Corporate America, Inc.
Deferred Compensation Plan and Trust

Benefits for Corporate America, Inc. ("BCA") was formed in Nevada in January of 2004, for the purpose of sponsoring and marketing a packaged deferred compensation arrangement to small companies. Shortly thereafter, BCA adopted the BCA Deferred Compensation Plan ("DCP"). The BCA DCP is a collaboration of two companies, Zermatt Insurance Group, Inc. ("Zermatt"), a Nevada-licensed insurance agency, and Benefit Strategies Group, LLC ("BSG"), a Utah licensed and bonded third party administrator.

BSG and Zernatt developed marketing materials relative to the arrangement, but marketing has been done primarily through individuals and groups with whom Zermatt or BSG had a previous business relationship, including accountants, attorneys and financial advisors.

The business model for the plan is based on concepts common in deferred compensation arrangements:

1. Funding through life insurance products;

2. Potential cost-recovery features through death benefits;

3. Use of a Rabbi Trust to house the benefits and protect the participants' interests;

4. Investment choices similar to a 401(k) plan;

5. Flexibility of contributions and elections.

To those concepts was added the cutting-edge feature of contracting with a benefits outsourcing firm to provide the benefits. While contributions to the BCA DCP are not tax-deductible, BCA's model provides that BCA will pay the taxes on contributions received, allowing 100% of contributions to be invested. This makes the arrangement more desirable for business owners than a 401(k) plan, because non-discrimination rules and dollar limitations on contributions do not apply to non-qualified plans.

Growth has been consistent since the plan was released, although much slower since the economy slowed down. Presently approximately 70 employers participate in the BCA DCP.