Multiple Employer Plans
Multiple Employer Plans (MEPs) allow two or more unrelated employers to participate in a single retirement plan, offering a streamlined approach to administration and compliance. Employers benefit from reduced administrative burden and potential cost savings through pooled resources and economies of scale.
Each participating employer in the MEP retains control over key plan features, such as eligibility and contribution levels, while benefiting from shared plan administration. MEPs also offer economies of scale, which can result in lower investment fees and improved access to high-quality service providers.
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