Member Buying Power for Employee Benefits€¦ · than 100 participants avoid the need for a plan...
Transcript of Member Buying Power for Employee Benefits€¦ · than 100 participants avoid the need for a plan...
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Member Buying Powerfor Employee Benefits
Northwestern Lumber Association’s 401K Multiple
Employer Plan offers members a better way to provide employees
with a savings plan! Put the POWER of group buying into
your program while eliminating administrative costs and
headaches.
13507 Jefferson St. NEHam Lake, MN 55304
(612) 743-4961/(800) [email protected]
Registered Principal offering securities through FSC Securities Corporation, member FINRA/ SIPC. Investment Advisory Services offered through AIG Advisory Group, a registered investment advisor affiliated with FSC Securities Corporation. Builders MEP Group is not an affiliation of FSC Securities Corporation.
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BIG Saves You Timeand Money
1. DISCHARGE OF FIDUCIARY RESPONSIBILITIES. When youco-adopt the MEP, you will have your status as plan sponsor, trustee, named fiduciary and plan administrator removed. This allows you to focus on your business.2. ELIMINATION OF FORM 5500 AND PLAN AUDIT COSTS. Plansco-adopting the MEP no longer need to file a form 5500, and those having more than 100 participants avoid the need for a plan audit.3. DAY TO DAY OPERATIONAL CONCERNS. Handling/approving loans,distributions, etc. moves to the MEP and removes the day to day “workload” for your plan.4. BUYING POWER. Members currently paying for the ongoing administrative servicing of a plan will have substantial buying power for better fees for these services, as well as investment related fees.5. PARTICIPANT SATISFACTION. Your participating employees receiveaccess to a broad based, flexible investment product that offers a uniqueactively managed option that has consistently beaten the market.6. INCOME FOR LIFE. Your participating employees who are nearingretirement have access to a patented distribution option that guaranteesincome for life, downside market protection, and a death benefit withoutannuitizing.
13507 Jefferson St. NEHam Lake, MN 55304
(612) 743-4961/(800) [email protected]
Registered Principal offering securities through FSC Securities Corporation, member FINRA/ SIPC. Investment Advisory Services offered through AIG Advisory Group, a registered investment advisor affiliated with FSC Securities Corporation. Builders MEP Group is not an affiliation of FSC Securities Corporation.
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