Benefits of a MEP/PEO

The Multiple Employer Plan (MEP) and Professional Employer Organization (PEO) market represents a significant growth opportunity for advisors.

It’s a fact: The current size of the PEO industry is between $136 and $156 billion and growing, with 83.8% using MEPs for retirement.1,2

What is an MEP and PEO?

MEPs pull in a group of small businesses and cover them under one retirement plan, as opposed to having each of those small-business owners employers purchase their own plan. A PEO is a firm that provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers’ compensation, recruiting, risk/safety management and training and development.

How you benefit from an MEP and PEO

The Multiple Employer Plan (MEP) and Professional Employment Organization (PEO) market offers many advantages to advisors, such as:

  • May help increase capacities to grow and manage 401(k) clients by improving efficiencies
  • May help increase 401(k) and individual lead generation
  • May help decrease responsibilities and fiduciary exposure

How Lincoln can help

Lincoln has been delivering MEPS to PEOs and professional associations and groups for more than 20 years. We are a leader in this market and can help you gain a competitive edge with our unique pricing strategy, commitment to partnership and expertise in marketing, sales and service and expanded universe of investments (selected and approved by Morningstar®). To learn more, please contact your wholesaler or call Lincoln at 877-533-9710. 

This material is provided by Lincoln Financial Distributors, Inc., a broker dealer, who is the wholesale distribution organization of Lincoln Financial Group. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates (collectively “Lincoln”). This material is intended for use with respect to an arm’s length sale, purchase, loan, exchange, or other transaction related to the investment of securities or other investment property between Lincoln and an independent fiduciary of the plan who is responsible for exercising independent judgment in evaluating the transaction. For this purpose, an ‘independent fiduciary’ is any entity defined in 29 CFR § 2510.3–21(c)(1)(i)(A)-(E). Lincoln is not undertaking to provide impartial investment advice, or to give advice in a fiduciary capacity, in connection with furnishing or making available of such information. Lincoln has financial interests that are served by the sale of Lincoln programs, products and services. 

1Bier, Jerilyn Klein. “MEPs Can Transform Retirement Industry,” Financial Advisor, June 1, 2016. http://www.fa-mag.com/news/meps-can-transform-retirement-industry-27194.html.
2National Association of Professional Employer Organizations (NAPEO). Industry Statistics.
http://napeo.org/whatisapeo/aboutthepeoindustry/industrystatistics.