Attract Top Talent. Simplify HR. Save Money.
Give your team the benefit they value most – a 401(k) – without the extra cost or complexity. The Michigan Chamber’s Multiple Employer 401(k) Plan (MiMEP) empowers small businesses to offer a high-quality, affordable retirement plan with ease, saving time, money, and administrative headaches.
- Exclusive to Chamber Members (10–150 employees)
- Verified by leading retirement plan experts at Tri-Star Trust
- Designed for savings, simplicity, and retention
Think of a Multiple Employer Plan (MEP) as a shared 401(k) for small businesses. It offers great benefits without the usual administrative stress, and getting started is simple. We’ll introduce you to our partner, Tri-Star Trust, and they’ll guide you through every step so you can support your team without the added workload.
CONNECT
Fill out our brief inquiry form below. A dedicated retirement expert from Tri-Star Trust will reach out for a no-pressure discovery call to understand your business goals.
COMPARE
Tri-Star Trust will perform a side-by-side analysis of your current plan or provide a new custom quote. You’ll see exactly how much you can save on administrative fees and how much time you'll win back.
ENROLL
Tri-Star Trust will handle the onboarding and employee education. You get a high-quality, compliant retirement plan with 40% less overhead and significantly reduced fiduciary risk.
- Competitive Advantage: Offer a sought-after 401(k) plan to attract and retain top talent.
- Cost-Effective Solution: Avoid the hassle and expense of setting up your own plan.
- Reduced Burden: Simplify HR tasks with a pre-designed, low-maintenance retirement program.
- Big-Company Benefits: Access the same low-cost investment options as large corporations.
TAX CREDIT CALCULATOR FOR SMALL BUSINESSES
Thanks to the SECURE 2.0 Act, offering a retirement plan is now more rewarding than ever. The Act expands the small employer pension plan start-up cost tax credit by providing small business owners an opportunity to lower their taxes when they start a retirement plan for their employees.
Use the Tax Credit Calculator to estimate your potential savings. (Businesses with more than 100 employees are generally not eligible.)
