SEP versus SIMPLE Plans. Compare and contrast a Simplified Employee Pension (SEP) plan and a Savi Incentive Match Plan for Employees (SIMPLE). A Simplified Employee Plan (SEP): (Select the best answer below.) O A. allows the employee to contribute up to $10,000 per year adjusted for inflation beyond 2005. O B. does not allow the employee to make contributions. D C. is used by firms with 100 or fewer employees. D D. requires the employer to make a matching contribution to the plan