The Pension Service
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Payright Payroll Affiliates
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- TPS Group
- Areas Served
- Pittsburgh, PA
- The Pension Service
- MEP Retirement Plans
MEP Retirement Plans in Pittsburgh, PA
Managing a retirement plan for your company shouldn’t be a burden. When you enroll in The Multiple Employer Plan from The Pension Service you benefit from the support of a company with 50 years of experience in administering retirement plans for businesses just like yours.
With almost 50 years as retirement plan administrators for companies like yours, we know how to manage plans well. We’ll work with you to make sure that your plan is set up properly and operating efficiently. Let us do all the legwork so that you can focus on the business at hand.
What is a MEP Plan
MEP stands for Multiple Employer Plan. A MEP is a streamlined version of the complex 401(k) plans and are designed specifically to be easy to implement and less costly. It is the ideal solution for companies looking for a retirement plan that doesn’t require a great deal of management time.
Benefits of MEPs
Multiple Employer Plans give you the ability to pull in a group of two or more employers where there is no relation between the employers and cover them under one retirement plan. These employers may or may not share the same industry or have a common business relationship even though they are not a related employer. By implementing a MEP into your business, you’ll experience administrative convenience while minimizing fiduciary liability Multiple Employer Plans, among many other benefits, offer:
- Low-cost alternative to the traditional 401(k)
- Single source provider for payroll and pension plan
- Reduced fiduciary responsibility
- Automatic employee contributions
- Low time commitment from HR staff
- Easy plan for employees to understand
- Access to an experienced retirement staff
- Automated census reporting fiduciary fee disclosures and monitoring
Why TPS for MEPs in Pittsburgh, PA?
As industry experts in Retirement Plan Administration Services, The Pension Service makes adding a MEP to your benefits package easy, affordable, and manageable. How? When you enroll in the MEP, you’re automatically partnered with Payright Payroll Affiliates, Inc. – a leader in small business payroll solutions. This unique solution streamlines your payroll function with a single point of entry. We reduce your responsibility by providing all participant statements, annual reports, and participant records. We also take care of all the required annual compliance testing. It’s time to start talking about the specific needs for your company’s retirement plan.
For more information on Multiple Employer Plans in Pittsburgh, PA, Contact TPS Group Today.
Related to: Third Party Administrator in Pittsburgh, PA, TPA in Pittsburgh, PA, Pension Plan Design Consultant in Pittsburgh, PA, Retirement Plan Consultant in Pittsburgh, PA, Retirement Plan Design in Pittsburgh, PA, Pension Consultant in Pittsburgh, PA
Further Reading: MEP Retirement Plans
- Choosing A Retirement Plan For Your Small Business
- Action Doc: Aligning Plan Design with Your Goals
- How the CARES Act Applies to Your Retirement Plan
- Action Doc: Did You Know You Are a Fiduciary
- Action Doc: Advantages of an Unbundled Platform
- Action Doc: Financial Wellness Is Essential to Saving for Retirement
- Action Doc: Understanding Plan Audits
- Action Doc: Your World Evolves and Your Retirement Plan Should, Too
MEP Retirement Plans Videos
SECURE Act - Setting Every Community Up for Retirement Enhancement.
Reviews
We look forward to working with TPS Group next year
As another year ends, I want to express my sincere gratitude and appreciation to you and TPS Group for assigning us Krista Blier. Krista provides exceptional customer service and has been a major asset to me and Lynch, Traub, Keefe & Errante, P.C. She is extremely knowledgeable and always accessible. Always on top of the RMD’s, giving me an explanation on form 5500-SF to present to Mr. Keefe & keeping us updated with any account changes as well as specifics. It is a relief knowing I have full faith in Krista and can turn a blind eye to our account. I cannot tell you how many vendors/brokers I have to stay on top of and babysit to make sure our deadlines are met and to perform their job duties. Krista is a pleasure to work with and we look forward to working with her and TPS Group next year.
- Michael Panela
Highly impressed with their level of expertise and outstanding customer service.
I highly recommend TPS Group and their quality third-party administration for our 403(b) plan. During our long relationship with TPS Group, we have never failed to be impressed with their level of expertise and outstanding customer service. They keep their promises and it’s easy to work with them. Having our own rep Lauren McNabb is a plus!
- Don Senecal
"Extremely Helpful to Our Business"
Malinda deserves special recognition. She is prompt, courteous, and professional. We find her to be extremely helpful to our business.
- Angela Simino
"Wonderful To Work With"
My go to professional is Des. A wonderful person to work with. We can count on him to handle all of our needs.
- Andrea Blakeslee
"Answers All Of My Questions In A Clear Manner"
Our case administrator, Susan, has been absolutely wonderful and is a joy to work with. She is very knowledgeable, patient, answers all of my questions in a clear manner, and is professional.
- Kathy Townsend
Extremely Valuable to Myself and Our Company
Kathleen has helped me gather info and understand text so many times and is extremely valuable to myself and our company.
- Elizabeth Robison
They are a pleasure to work with and we highly recommend their services.
For many years we’ve relied on TPS Group’s extensive knowledge and industry expertise to keep us in compliance with state and federal regulations as well as changes in the law. Their attention to detail is just what we need to keep our business operations running smoothly. They are a pleasure to work with and we highly recommend their services.
- Dan Neal
Dependable, experienced, and professional
Dependable, experienced, and professional, our TPS Group recruiter was an invaluable resource, helping us locate and vet quality talent.
- Tyler R. Vunk
