1 – Administrative relief, as the MEP sponsor and a professional service team take over the majority of day-to-day tasks

2 – Reduced liability, as fiduciary support and most responsibility is assumed by professional plan administrators

3 – Ability for adopting employers to retain many of their customized plan features

4 – Support with investment selections and performance oversight

5 – Access to participant communications and plan education support

6 – Time savings for organizations by offloading many plan-related tasks

7 – Potential cost savings compared to operating a single employer plan

Interested in learning more?  Watch the webinar replay below.