Sprinkler Age Nov/Dec 2016

Page 77

Planning for your future just got a little easier.

introducing

If you are currently offering a retirement plan, American Fire Sprinkler Association has a better way to offer 401(k) to your employees. It’s called a Multiple Employer 401(k) Plan. This plan is sponsored by American Fire Sprinkler Association and managed through Transamerica Retirement Solutions (“Transamerica”), and the firm of Pinnacle Financial Services. A Multiple Employer Plan, also referred to as an MEP, is a retirement plan for businesses that typically have a common interest, but that are not commonly owned or affiliated. These businesses are referred to as “Adopting Employers” when they elect to join the Multiple Employer Plan. What are the Benefits? • Potential costs savings • Hours of Administrative time savings • Reduction of work for your staff • Shifting of plan responsibility • Reduction of fiduciary liability • No more plan audit (if applicable) • No more plan document or legal filings • Allows you to focus on your business • Flexibility to have maintain your own plan design and features To learn more about this new AFSA Retirement Plan benefit,

contact John.Hershenberg@pfslink-e.com or 817-300-5539.


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