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NKY Chamber Guided Growth 401(k)

NKY Chamber JPG version

The NKY Chamber Guided Growth 401(k) provides members with streamlined solutions for chamber members with T. Rowe Price.

A Multiple Employer Aggregation Program is a retirement plan solution designed to simplify administration and reduce costs and liability for plan sponsors, especially small and mid-sized businesses.

Reduce Administrative Burden

  • Centralize essential administrative tasks and outsource most fiduciary responsibilities, significantly reducing your internal workload.

Fiduciary Protection

  • Transfer many fiduciary duties to professional third parties to help minimize legal and compliance risks.

 Scalability

  • An ideal solution for small to mid-sized businesses seeking to offer competitive retirement benefits without the administrative burden of managing a plan alone.

Lower Costs

  • Pooling resources allows MEAP participants to reduce fees and avoid costly group audits and shared expense accounts.

Flexibility & Customization

  • Employers retain control over matching and eligibility options and can select their preferred financial advisor.

Employee Appeal

  • Provides a branded solution to help attract and retain talent, along with access to high—quality investment options and retirement planning resources.
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