Multiple Employer Aggregation Program (MEAP): A 401(K) Opportunity for Members
Our mission at the Chamber is to do everything we can to help members succeed by providing valuable services and programming. To that end, we're excited to announce a powerful new retirement planning solution that is now available exclusively for members of the Staten Island Chamber of Commerce.
The Staten Island Chamber of Commerce has partnered with Lincoln Financial, a nationally recognized leader in retirement planning services to develop this unique program that leverages the strengths of group participation to provide a cost-effective and easy way for you to implement a turnkey 401(K) employee program.
What is the MEAP Program?
The Multiple Employer 401(k) Aggregate Program (MEAP) is a group 401(k) program designed and made available for an organization’s members or clients. The MEAP is designed to gather each plan’s important administrative, recordkeeping and fiduciary services to be overseen by a third party and often helps reduce time and cost.
Multiple Employer Aggregation Program (MEAP) Brochure
Watch an Overview of the Group 401K Option & Benefits
Why should you consider joining a MEAP?
Because every business owner tells us the same thing: They want a retirement plan solution that is EASY, PROTECTS THEM, and is COST COMPETITIVE.
How much will this cost?
The MEAP delivers more value and services – potentially at similar or less cost than they are already paying. And, as plans grow, they’re reviewed regularly for price reductions.
Take the Next Step
Put our group 401(k) experience to work for you, please contact:
(718) 720-1600
Mario Giammarco MarioG@heroldlantern.com
Mario J. Giammarco mgiammarco@heroldlantern.com