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Northern New York Builders Exchange Multiple Employer Plan Benefit

The Northern New York Builders Exchange is Working for You

Did you know that all employers with more than 10 employees will soon be required by law to offer a retirement plan?

Builders Industry Employers of New York State (BIE of NYS) has negotiated a group retirement plan you can opt into, offering significant savings versus national averages, as well as the ability to customize plan features for your organization.

Built With You in Mind

Quick & Easy Setup

Work with our retirement plan specialists to opt-into the plan with little setup time and easy integration into your payroll software.

Fiduciary Responsibility

The bulk of fiduciary responsibility for the plan has been assumed by BIE of NYS and the appointed retirement plan advisors.

Cost Savings

This group retirement plan offers a cost-effective solution for employers of all sizes through economies of scale.

Get Started Today

1

 

Select

Work with a Representative to identify which plan design options make the most sense for you and your employees under the Multiple Employer Plan (MEP).

2-2

 

Onboard

Provide the information needed to establish your plan using the Multiple Employer Plan Questionnaire, which will be used to prepare your company’s Participating Employer Agreement to be executed using DocuSign.

3-1

 

Implement

We’ll request a high resolution logo for the websites, an employee census file, your payroll schedule and ACH instructions and provide you with our payroll upload template so you can begin remitting contributions as soon as possible!