MEP Benefits

Our Responsibility. Our Paperwork. Your Success.

The Multiple Employer Plan has multiple benefits. There are three key advantages that not only make your life easier and your employees happier, but also boost your competitive advantage.

• Limit your fiduciary responsibility. Shift the vast majority of fiduciary responsibility to us and unload your legal headaches. As plan sponsors, we hold the Fiduciary Insurance and the ERISA Bond, and conduct the Annual Plan Audit.
• Contain your costs. You'll realize immediate cost savings with low to no out-of-pocket costs and no hidden fees. All costs are completely transparent to participants, and you also save by not having to pay for Fiduciary Insurance, ERISA Bond, or Annual Audit.
• Easy integration with payroll. By directly integrating your MEP 401(k) plan, you can avoid administrative hassles. We'll help you manage each pay period, including contribution changes, loan-set-up, contribution reports, and annual reporting and auditing.

Other Key Benefits include:

• Eliminate paperwork. Everything is handled electronically.
• Shift maintenance and annual census burden to us. We handle file transmittals for each pay period, contribution reporting, and daily operations.
• Skip the Form 5500. With one form 5500, we file for the entire trust.
• Invest wisely. You'll benefit from a complete portfolio of Institutional Grade Investments.
• Count on us for assistance with rollovers. We're there to help participants complete their rollovers.
• Implement easily. Our training helps you easily implement the program.
• Rely on us for support. From technology assistance to help with rollovers, we can help.