Let group buying power work for you!
We understand the importance of offering a retirement program to your employees. Most 401 (k) plans offer traditional investment opportunities that are often paired with high administrative fees which together often make it too hard for a business to manage or even afford a quality program. Well, this is not your ordinary plan! Northwestern Lumber Association is proud to offer the NEW 401(k) Multiple Employer Plan (MEP) that is exclusively available to NLA members.
NLA members with an existing 401(k) plan, or members looking to establish a 401(k) employee retirement plan, may join together under the NEW 401(k) MEP program to save on administrative costs, reduce overall administrative responsibility and provide employees with a wide range of investment opportunities.
Participants in the 401(k) MEP program will benefit from the following plan features:
• One low annual fee covers all administrative and document costs.
• Discharge of fiduciary responsibilities for members participating in the plan.
• Elimination of paying for Form 5500 costs and plan audits.
• Participants self-direct their investments from over 47 mutual funds provided by Lincoln Financial Group.
Join us today by participating in the 401(k) MEP Program and provide yourself and your employees with piece of mind and a plan for the future. For more information, please contact Builders Investment Group at (763) 862-7800 or call Cody Nuernberg at (763) 595-4052.
Click HERE to send us an email with questions.