Multiple employer trusts
for large businesses
The Benefit Providers Multiple Employer Trust Plan (MET) for large businesses features lower prices & highly customized programs — less headaches and substantially less overall costs and responsibilities. 
The law requires that 401(k) retirement plans with more than 120 eligible participants be audited annually, whether or not they actually participate. This can cost more than $8,000-$10,000, or more every year.
With Benefit Providers MET, you pay no annual audit fee.
Just look at these advantages:
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An annual administration fee between $1,800-$2,200 or $35 per planned participant,
which ever is greater. -
Form 5500 filed by Benefit Providers, not employer.
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Quarterly statements
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60 quality investment choices
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Name brand managers, such as Aim, Fidelity, Franklin Templeton, Janus, Pimco, T. Rowe Price, and Vanguard, as well as institutional advisors not available to the general public
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Individually allocated accounts, valued daily
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1-800 and Internet access to individual accounts for daily valuations and transfers
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In the plan documents, the option to include a loan provision that is paid by the participant.
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And the opportunity to customize important Plan features, such as eligibility, automatic enrollment, employer matching contributions, employer profit-sharing contributions, Safe Harbor contribution design matching or profit sharing, loan options, and vesting schedules.
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Benefit Providers handles plan operations, including contribution remittance, and transaction processing. Your audit expense and other sponsor expenses are reduced by sharing it with all the participants in the MET.
BENEFIT PROVIDERS MAKES IT EASY:
Our Online Investment Center provides easy-to-use educational tools
Pre-built suggested model portfolios offer your employees easy options
Contact us today set up a consultation or get more information!
Multiple Employee Trusts for Small Businesses.Learn More
How to set-up & access your Benefit Provider MET (pdf)
Reduce Your Audit Expenses (pdf)