
5 minute read
NATM Affinity Programs
By Meghan Ryan, NATM Assistant Director
NATM provides value to members through benefits like the Compliance Verification Program (CVP) and the annual Convention & Trade Show, among other offerings. Another way NATM provides value to members is through affinity programs which have the potential to save members money as well as provide top tier benefits to their employees.
NATM members and dealer affiliates are eligible to participate in NATM’s various affinity programs.
NATM 401(k) with MMA:
NATM now offers corporate retirement plans to all members and dealer affiliates. Managed by Marsh & McLennan Agency and powered by Vestwell. This modernized 401(k) offering makes it easier for companies to onboard and administer cost-effective plans.
This solution removes friction points typically experienced through traditional providers by offering flexible investment strategies, streamlined administration, automated onboarding, and fiduciary oversight, all at competitive pricing. By acting as a single point of contact for you and your employees, MMA’s modernized retirement offering keeps everyone’s best interests in mind.
Want to learn more? Contact Marsh & McLennan’s Duane Moppin at Duane.Moppin@marshmma.com or (913) 645-9760.
NAM Association Health Plan (AHP)
NATM is now extending affordable health care to trailer manufacturing companies with 2-99 employees in approved states. In states where the Association health plan is not available, the NATM will connect manufacturers with available small-group options in their states. As an Affiliate Partner of the National Association of Manufacturers (NAM), NATM now offers our trailer manufacturing members access to NAM Health Care, for more information, visit www.NATM.NAMHealthCare.com.
NATM member companies regularly report challenges with recruiting and retaining a skilled workforce. As the trailer industry continues to boast record sales, maintaining a skilled workforce is key to capitalizing on the market and maintain an efficient team capable of quality results. One way to support a strong recruiting and retention program is to offer a competitive benefits program which includes health insurance coverage.
NATM recognizes the financial commitment made by members to provide their employees with a viable employee benefits program and is consistently evaluating worthwhile options for member consideration. In late fall of 2019, NATM became an Affiliate member of NAM’s Association Health Plan to provide NATM members with 2-99 employees access to an Association Health Plan option. NATM’s Association Health Plan provided through NAM is underwritten by United Healthcare. To participate, members must have an NAISC code of 31, 32, or 33 and be an active dues paying member of NATM.
The NATM Association Health Plan underwritten by United Healthcare offers multiple medical plan offerings including Qualified High Deductible Health Plans (QHDHP’s) and PPO plans with flexibility to implement multiple plans as you find the plan options most beneficial to your employees. Medical plan offerings include the UHC Choice Plus network. Benefits include hospitalization, primary care, 100 percent preventive care, maternity, pharmacy, and no annual or lifetime dollar limits.
United Healthcare will determine your group size based on the average total number of employees in the prior year. To be eligible, an employer must contribute at least 50 percent of the employee only premium and 50 percent of eligible employees must enroll in the plan (less valid waivers).
NAM Health Care provides medical, dental, vision and life plan options built specifically for small to medium-sized manufacturers (those with 2-99 eligible employees), with potential for lower premiums and reduced administrative costs saving up to 30 percent off existing health insurance expenses*.
To learn more about NATM’s Association Health Plan option and to submit your information for a proposal of coverage, contact Lisa Clark, Marsh & McLennan Agency at Lisa.Clark@marshmma.com.
Partnership Shipping Program
The NATM Shipping Program, managed by PartnerShip, is a comprehensive inbound and outbound shipping program that combines simplicity, savings, and value for all members and dealer affiliates. As the affiliate shipping provider for NATM, PartnerShip works with nationally known carriers to provide unparalleled customer service and significant savings on every shipment. Members who enroll in the NATM Shipping Program receive:
Savings up to 29 percent* on select FedEx small package services
Savings of at least 70 percent on standard and guaranteed LTL freight shipments with UPS Freight, YRC Freight, and other reputable carriers
Competitive pricing on truckload, tradeshow, and expedited shipments using quality national and specialized carriers
Specialized services including inbound management, freight bill auditing, invoice consolidation, and more.
The NATM Shipping Program provides solutions to help members manage their shipping easily and more efficiently. Visit www.PartnerShip.com/44NATM for complete program information and to enroll in the free NATM Shipping Program.
*Includes a bonus 5 percent online processing discount. Full details available at www.PartnerShip.com/44NATM/ FedExdiscounts
MMA Product Liability Insurance Program
MMA’s insurance program is designed to provide Product Liability coverage for NATM’s trailer manufacturing members. According to John Kerr of MMA, “NATM members have seen their insurance premiums decrease on average by more than 30 percent.” Why, “because your membership in the NATM means something. We have spent the better part of the last ten years educating the insurance industry on how membership in the NATM leads to better built trailers that result in fewer insurance claims. You deserve a premium break for your commitment to building a safer trailer and our insurance program is built around delivering that break to you.”
For more information contact John Kerr at (913) 529-3264 or by email at John.Kerr@marshmma.com.
US Agent of Record for International Members:
International trailer manufacturers, do you need a US Agent of Record to conduct business inside the United States?
Under Subpart D of 49 CFR Part 551 foreign manufacturers, assemblers and importers of motor vehicles and motor vehicle equipment (which includes trailers) must designate an agent in U.S. on whom service of administrative or judicial notices or processes may be made before they are able to offer their products for importation into the United States. Until such an agent has been appointed, the company may not import motor vehicles or motor vehicle equipment into the United States. (49 CFR § 551.45 and § 551.46).
Some NATM member companies have subsidiaries or other affiliates within the United States who meet this requirement and serve as the appointed agent. Other NATM members have sought out lawyers or other third parties to fill this role. NATM offers this service to members as a benefit of membership at the rate of $500 annually. Please contact Assistant Director Meghan Ryan at Meghan.Ryan@natm.com if you’re interested in having NATM serve as your US Agent of Record.
