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Why Non-Profits Should Embrace The 403b MEP

Why Non-Profits Should Embrace The 403b MEP

Submitted by • September 4, 2018 www.pentegra.com

Small to mid-size plan sponsors have for years been simplifying their 401k plan oversight by merging their plan into a Multiple Employer Plan (MEP), a retirement plan that covers unrelated employers while transferring many of the responsibilities and liabilities associated with being a named fiduciary to the MEP. Non-profits looking to reap the benefits of a 401(k) MEP can do so via a 403b MEP.

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