Security Mutual Life, through its subsidiary, Security Administrators, has published a new retirement plan guide for fully insured plans and cash balance plans.

Binghamton, N.Y.-based Security Mutual’s new retirement plan guide is designed to help financial service professionals better understand these sophisticated plan designs, the company said.

The guide, available for download at the company’s website, provides a road map for insurance advisors who are interested in presenting combination designs to their business owner clients.

Small business owners and professionals are using fully insured and cash balance plans “to indirectly make up for the losses that they experienced in their 401(k) plans,” George Kozol, Security Mutual’s chief marketing officer, said in a statement.

“At a time when the Federal government is providing stimulus relief packages to large publicly-held companies, small business owners and professionals have to fend for themselves. Fully insured and cash balance plans might be viewed as self-help stimulus plans for small business owners and independent professionals,” Kozol added.