Multiple Employer 401(k) Retirement Program
Providing a retirement plan for your employees is essential, and we understand that navigating this process can be challenging. Many businesses mistakenly believe that access to the necessary expertise and resources is out of reach. This misconception is a key reason why 86% of employers with fewer than 100 employees opt not to offer retirement plans. If your business already has a plan, you’re likely aware of the significant costs and time commitments involved.
The NH Retail Association is proud to offer the Alliance of State Retail Associations and Transamerica 401K Plan and Trust . We are the first association to offer a multi-employer 401K plan in the state of New Hampshire. We've added 3(16) Administration along with 3(38) Investment Oversight to insulate our members from liability and streamline administration. Our program will provide you with a superior retirement plan, with potential cost savings, and you’ll spend less time with plan administration.
When you join the Alliance of State Retail Associations 401K Plan, you gain a formidable partner equipped with extensive resources. This allows you to concentrate your efforts on embracing and capitalizing on the latest market trends.
With this platform you will be afforded best in class administration, a robust investment line-up, maximum flexibility unique to the needs of your individual organization, and best of all: it's extremely affordable.
Our plan is designed specifically for small to mid-range retail companies. When you become part of the plan, you can:
- Spend less time on the retirement administration of your retirement plan and more time focused on your company's goals.
- Provide a high-quality benefit that can tip the scales in your favor when it comes to recruiting top-level talent and retaining your current staff.
- Enjoy institutional pricing that may not be available as an independent 401k plan sponsor.
- Get expert investment selection and fiduciary protection from a third party that also takes the responsibility for the quality of investments.
- Have the flexibility to design the features of the plan that work best for your company including profit sharing, matching contributions, loans, Roth deferrals, and more!
- Retain your existing financial adviser!
When you become part of the Alliance of State Retail Associations 401k Plan, you get a powerful partner with strong resources, and you can keep your own resources focused on reacting to and taking advantage of the latest marketing trends.
Click here to download the MEP 401k Brochure.
Click here to download the MEP 401k Benefits Flyer.
For more information, visit https://www.retail401k.com/contact