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Greater Akron Chamber Multiple Employer 401(k) Plan

A Competitive 401(k) for any size business


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Multiple Employer 401(k) Plan

Greater Akron Chamber has partnered with world class financial institutions to offer Northeast Ohio small businesses a competitive 401(k) retirement plan.  The Greater Akron Chamber Multiple Employer 401(k) Plan combines member participants to act as one large plan to provide the same competitive investments and outstanding service as plans offered through large corporations.  As a member, you are able to provide a powerful retirement plan, save money, and spend less time administering. 

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Multiple Employer 401(k) Plans Solve Challenges Employers Face with Traditional Plans

 

Retain & Attract New Talent

Employer benefits are among the top 5 reasons people quit  Work Institute

Employers may pay up to 20% of an employee’s salary to them. WORKESTRehiring Process Graphic

Save Money

When you utilize the Greater Akron Chamber Multiple Employer 401(k) Plan, you have all the advantages and flexibility of a stand-alone plan sponsor but avoid the expenses and administrative burden associated with sponsoring a single employer plan.

We handle the paperwork:

  • Administrative responsibilities
  • Employee eligibility tracking
  • Distribution processing
  • Plan compliance
  • Nondiscrimination testing
  • Participant enrollment/education
  • Annual reporting

Learning Center

Contact Greater Akron Chamber to Learn More


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