www.prevailingmep.com

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.

1. 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.

2. Expenses: Traditional 401(k) plans can be costly in terms of fees and administrative costs.

MEPs employers generally enjoy greater economies of scale.

3. 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.

Who PerformsAnnualAudit?

WhoFilesForm5500?

Who Retains

Fiduciary Liability?

Traditional

Multiple Employer Plan

Employer

Employer

Employer

Prevailing Asset

Management

Prevailing Asset

Management

Prevailing Asset

Management

Traditional vs. MEPTraditional vs. MEP

Plan Sponsor:  Prevailing Asset Management

Directed Trustee /Custodian of Assets:

Financial Advisor: 

Online Administrator: ABG / Pentegra Corporation:

Plan Structure

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.

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

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

Asset Management PartnersAsset Management Partners

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

Patent Pending Novus Managed Allocation Portfolios™

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)

Employee Benefits

Superior Investment Options

Lower Costs

Professional, Individual Investment Advice

Dedicated Service Team

User-Friendly Online Platform

Flexible Plan Features