A Multiple Employer Plan (MEP) is a single Qualified Retirement Plan housing multiple different “adopting employers” with common retirement savings objectives. This unique type of plan construct offers numerous advantages and administrative efficiencies when compared to a typical stand-alone plan sponsored by a single employer.
Mitigates Fiduciary Liability for the Employer
Plan Pays for Audits, Not the Plan Sponsor
Effective Use of Economies of Scale to Lower Costs