September 21, 2011 (PLANSPONSOR.com) - Ameritas Retirement Plans, in collaboration
with Pentegra Services and Mesirow Financial, is bringing to market a new
multiple employer plan (MEP).
Called the Employers
401k ELITE Retirement Plan, employers who want to join the MEP are not required
to be related.
As part of the
agreement, Ameritas Retirement Plans is responsible for all recordkeeping
services and the basic investment platform. Pentegra will serve as the MEP
sponsor and the Board serves at the plan administrator. Mesirow Financial’s
Investment Strategies department will select the investment options and will
perform the duties of the 3(38) Investment Manager.
401k ELITE Retirement Plan is being distributed by Ameritas Life and in New
York by First Ameritas Life Insurance Corp. of New York.