PBX® 401K MEP Program

Introducing PBX®'s newest member benefit sponsored by

A Multiple Employer 401(k) Program is a group 401(k) program designed for and made available by an organization to their members and clients. The “Program” is designed to gather the plan’s important administrative, recordkeeping and fiduciary services to be overseen by a third party, which allows the plan sponsors who participate to outsource most of their fiduciary responsibilities and liabilities.

Why consider joining a Multiple Employer 401(k) Program?

Because every business ower tells us the same thing: They want a retirement plan solution that...

1. It's Easy
Situation
They want to focus on their business — they don’t want to be a 401(k) expert.
Solution
The Multiple Employer 401(k) Program can become their 401(k) department, performing most of the administrative tasks for their plan, including handling their regular contribution files.
2. It Protects Them
Situation
They don’t want to be at risk of paying fines or penalties.
Solution
The Multiple Employer 401(k) Program can help keep their plan in compliance, and the program’s investment and administrative fiduciaries assume most of their fiduciary responsibilities and liabilities.
3. It's Cost Competitive
Situation
They don’t want to overpay.
Solution
The Multiple Employer 401(k) Program delivers more value and services — and at potentially similar or less cost than they are likely already paying. In addition, as plans grow, account managers conduct annual reviews for price reductions.

Advantages of joining a Multiple Employer 401(k) Program

  • Flexible plan design options
  • Dedicated account manager
  • Technology to satisfy your plan's critical needs
  • Annual plan review
  • ... And more!

Find out how much easier it can be to sponsor a 401(k) plan when you join a Multiple Employer 401(k) Program.

For more information, please contact:

Jaci Chlop at jaci@pbe.org
Scott Tovissi at scott@bxbenefits.com