What is a Multiple Employer Aggregation Program (MEAP)?
A Multiple Employer Aggregation Program (MEAP) is a qualified retirement plan adopted by multiple employers through their association with the sponsoring organization, which acts as the lead sponsor. The MEAP is designed to gather the plan’s important administrative, recordkeeping and fiduciary services to be overseen by a third party, which allows the plan sponsors who participate to outsource many responsibilities that come with running a retirement plan, and often, helps reduce costs.
Why consider joining a MEAP?
Because every business owner tells us the same thing: They want a retirement plan solution that...
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Contact:
Donny Sheinwald, AIF
Regional Sales Director, Lincoln Financial
Retirement Plan Services
Donny.Sheinwald@lfd.com