Yes, an employer can have more than one retirement plan for its employees. In fact, it is quite common for companies to offer and manage multiple retirement plans simultaneously. Employers may choose to provide different types of retirement plans, such as 401(k) plans, pension plans, profit-sharing plans, or a combination of these options. Each plan may have its own eligibility criteria, contribution limits, and investment options. Offering multiple retirement plans allows employers to cater to the diverse needs and preferences of their workforce. It's important for employers to ensure compliance with relevant regulations and to communicate clearly with employees about the details of each retirement plan available to them.