CHAMBERS AND ASSOCIATIONS

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WHY CHAMBERS & ASSOCIATIONS PARTNER WITH VPA

LARGE-COMPANY BENEFITS AT COST FOR SMALL TO MEDIUM SIZE BUSINESSES

Chambers of Commerce and business associations offer networking opportunities and a wide range of benefits to their members, who are often small to medium size businesses.

In today’s competitive world, it’s challenging for businesses of all sizes to attract and retain top quality employees. By partnering with Value Point Associates (VPA), you can give your members access to high value benefits that are typically only offered by larger corporations—at cost.

By leveraging the size of our collective membership, VPA can negotiate large-employer benefits at rates that are affordable for small to medium size employers, including:
• 401(k) Plans
• Group Life Insurance
• Health Insurance
• Dental Coverage
• Vision Coverage
• Disability Insurance

These are benefits that most job seekers believe can only be found in a large corporate environment. By partnering with VPA, you’ll be helping your members attract and retain the best and brightest employees in today’s competitive job market.

LOW-COST 401(k) PLANS

Value Point Associates sponsors a closed Multiple Employer Plan (MEP), which enables us to offer members a competitive 401(k) plan at a significantly lower cost. Closed MEPs are made up of two or more unrelated employers—with employee participants—and a sponsor group, association, or organization.

Typically, when employers offer a 401(k) plan to their employees, they take on the plan administration responsibilities and costs. But as the plan sponsor, they’re also exposed to personal ERISA fiduciary liability that can put not only their business but also their personal finances at risk.

As the MEP sponsor, Value Point Associates assumes much of that risk and responsibility. Plus, VPA shared services help streamline operations and save employers the time and trouble of handling administrative responsibilities.

 

 

FAQ

WHY VPA?