A Section 457 Deferred Compensation plan is provided specifically for employees of

Sole proprietorships are individual-owned businesses and do not fall under the categories eligible for Section 457 plans. Since these plans are intended for governmental entities or specific non-profit organizations, sole proprietorships do not qualify to offer this type of deferred compensation.

While some religious organizations may offer retirement plans, they do not typically qualify for Section 457 plans unless they are structured as governmental entities. Section 457 plans are specifically tailored to public sector employees, and most religious organizations operate as non-profits, which are not included under this plan type.

Non-profit organizations generally do not qualify for Section 457 plans unless they meet specific criteria outlined by the IRS as "eligible employers." Typically, Section 457 plans are primarily designed for governmental employees, which excludes most non-profit organizations from eligibility.