WEBVTT

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[MUSIC PLAYING]

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SPEAKER: Did you know
that, for many Americans,

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a 401(k) at work
is their main way

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to build retirement savings?

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A retirement plan can also
encourage financial wellness

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and help boost loyalty
among employees.

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In fact, a quality
benefits package

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is one of the top
three reasons employees

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stay with their company.

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Yet despite these benefits,
when business owners

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think about running
a 401(k) plan,

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many see cost,
administrative hassle,

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and fiduciary or
legal responsibilities

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as pain points.

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But it doesn't have
to be a challenge.

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A Multiple Employer Plan,
also known as a MEP, can help.

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A MEP is a group 401(k) solution
that an organization can offer

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to its members and clients,
like you, to join, typically

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at a group rate,
which is often a lower

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price than you might pay to
run your own company 401(k).

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A MEP gathers many
tasks involved

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in operating a retirement
plan, and hands them over

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to the plan's administrative
and investment fiduciaries,

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moving many of them
off your plate.

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That means you get the
benefits of offering

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a 401(k) to employees
without having

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to own all of that
plan's responsibilities

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and legal obligations.

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Plus, you have the
confidence of knowing

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that your organization and
other participating businesses

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have vetted the plan.

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That's a win when
you consider what

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it takes to sponsor or
manage, your own 401(k),

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versus what you would
experience after joining a MEP.

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The contrast is clear.

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Joining a MEP could
make the difference

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between spending time in
the weeds of your plan's

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operations, or doing
what's profitable,

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running your business.

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Is a Multiple Employer
Plan right for you?

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We can help guide you
in making the best

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decision for your employees
and your business.

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[MUSIC]

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