2. What is a Multiple Employer Plan (MEP)?
A Multiple Employer Plan (MEP) is a single Qualified Retirement Plan housing multiple different "adopting employers" with common retirement savings objectives. This unique type of plan construct offers numerous advantages and administrative efficiencies when compared to a typical stand-alone plan sponsored by a single employer.

3. Employer Advantages in a MEP 401(k) Plan vs. Traditional 401(k)
Fiduciary Liability:
While Employers retain full fiduciary liability in Traditional 401(k)s, MEP employers
outsource the role of plan sponsor as well as all associated fiduciary responsibilities.
Expenses:
Traditional 401(k) plans can be costly in terms of fees and administrative costs.
MEPs employers generally enjoy greater economies of scale.
Annual Filings:
Traditional 401(k) plan sponsors must file IRS Form 5500 and may have to perform an expensive and cumbersome IRS audit while MEP employers are relieved of these responsibilities as well as the associated costs.

4. Who Retains Fiduciary Liability?
Traditional vs. MEP
Who Performs
Annual
Audit?
Who
Files
Form
5500?
Who Retains Fiduciary Liability?
Traditional
Multiple Employer Plan
Employer
Employer
Employer
Prevailing Asset Management
Prevailing Asset Management
Prevailing Asset Management

5. Plan Structure Plan Sponsor: Prevailing Asset Management
Directed Trustee /Custodian of Assets:
Financial Advisor: 
Online Administrator: ABG / Pentegra Corporation:

6. Prevailing Multiple Employer Plan Features
The Prevailing Multiple Employer Plan was designed to provide adopting parties a flexible, high quality and socially responsible platform. Some of the plan’s features are inherent while many others are customized at the pleasure of the adopting employer.

7. Prevailing Multiple Employer Plan Features
Plan Level Features:
Normal Default Retirement: Age 55
Online Enrollment and Account Access: Yes
Hardship Withdrawals: Available
5500 Tax Filing / IRS Audit responsibility: Prevailing Asset Management, LLC
Startup Fees: None
Annual Document Fees: None
Per Head Administrative Fees: None
Hard Dollar Fees to Participating Employers: None* (all fees are soft dollar from plan assets)
Accepts Rollover Funds from:
Section 401, 403, 457 Plans
Traditional, SEP, SARSEP, and SIMPLE IRAs

8. Prevailing Multiple Employer Plan Options
Employer Level Options:
Loans
Retirement Age
Vesting
Participation Requirements
Matching
In Service Withdrawals
Eligible Compensation
Roth Status
Safe Harbor Status
Segregation of Prevailing Wage / Davis Bacon / Employee / Employer deferrals by Schedule A

9. Asset Management Partners

10. Separately Managed Accounts
Institutional Class of Management vs. Retail Management
Ski Boat vs. Oil Tanker
Lower Costs
Full Transparency – No Hidden Fees
Access to Investment Managers via Quarterly Conference Calls

11. Patent Pending Investment Process
Patent Pending Novus Managed Allocation Portfolios™

12. Advantages Employee Benefits Employer Benefits
Superior Investment Options
Lower Costs
Professional, Individual Investment Advice
Dedicated Service Team
User-Friendly Online Platform
Flexible Plan Features
Employer Benefits
Fiduciary Liability is removed
Economies of Scale: lower costs
Eliminates form 5500 filing
Removes audit responsibility
Significantly Decreased Employer Burden
Fully Compliant with DOL 408(b)(2)
(New Disclosure Rules Effective 7/1/2012)