The 6,000 member Worcester Regional Chamber of Commerce has
endorsed The Platinum 401k as the retirement plan solution
for their members across Central Massachusetts.
“We’re delighted to have secured the endorsement of one of
the largest regional chambers in the country”, stated American Pension Services
President Terrance Power. “The Chamber was looking for a retirement program to
bring to their members that would provide them with the benefits associated
with a multiple employer plan
program without their incurring any plan sponsor or fiduciary liability. The
Platinum 401k program fits their requirements perfectly.”
As the largest Chamber in New England, the Worcester Regional Chamber of Commerce is dedicated to enhancing the region’s economic prosperity and the vitality of its business community. The mission of the Chamber is to support existing businesses and promote economic development in the Worcester region by being a bold, strong, articulate and effective advocate. The Chamber believes that a strong business community is a catalyst to a dynamic area in which to live.
The Platinum 401k is a multi-provider multiple employer plan
administered by American Pension Services, Inc. of Clearwater Florida.
Montgomery Retirement Plan Advisors serves as the ERISA 3(38) 3(21) a fiduciary
to the plan. The program is structured to eliminate plan sponsor/plan trustee
liability, annual plan audits and Form 5500 submissions, investment selection,
ERISA bonding, and much more. Overall fiduciary liability is greatly diminished
for employers with existing 401k plans under these types of programs.
American Pension Services, Inc. is one of the nation’s most
experienced administrators of multiple employer plans. President Terrance
Power, CFP, AIFA, ERPA, QPA, CRPS has been working with multiple employer plan
clients for over 20 years. Information about The Platinum 401k program may be
found on their website at www.ThePlatinum401k.com.
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