The ADVIS MEP Webinar

ADVIS has the unique opportunity to offer our member schools a new benefit: a Multiple Employer Plan (MEP). A MEP is a retirement savings package in which multiple schools participate in a qualified retirement plan. It is sponsored by a third party referred to as the MEP Sponsor, which in this case will be ADVIS, that takes on the responsibility and liability for running the plan.

At its core, the ADVIS MEP is an extension of our mission to foster connections and collaborations between and resource sharing among our member schools. MEPs

• create economies of scale resulting in enhanced 403(b) vendor pricing

• reduce fiduciary exposure

• minimize, if not eliminate, the time and effort your school spends on the administration of your retirement plan.

Further, a MEP is not a one-size-fits-all plan - a school can still choose and maintain the plan that works best for its employees. Finally, this MEP includes church plans 403(b)s as well.  Click here for additional information.

The ADVIS MEP vendor team includes TIAA as the record-keeper, Pensionmark as the 3(38) Fiduciary Investment Manager, and Pentegra as the 3(16) Fiduciary Administrator.