The National Security Retirement Plan™ (NSRP)‚ a multiple employer plan, allows employers to radically simplify the day-to-day operations for their retirement plan. Instead of continuing to bear the inherent responsibility for managing the plan, hiring service providers, and choosing the investment options, an employer may simply off-load these duties (and the legal liability) by joining the NSRP.

By joining the NSRP, employers transfer their fiduciary responsibility and administrative duties to the Principal Plan Sponsor of the NSRP. In addition, your employees will realize a dramatic cost reduction, with a total cost of 1.25 percent (includes fees charged by the service providers and the cost of the investment options). The amount of the cost savings your employees realize will boost their returns by the savings which adds to the growth of their retirement account without adding additional investment risk.

Not only will the National Security Retirement Plan™ remove the burden of running your retirement plan from your shoulders‚ it will also encourage your employees to increase their retirement savings.

American Workers Depend on 401(k) Plans

A study commissioned by the Transamerica Center for Retirement Studies® (April 2010), illustrates the importance of 401(k) employee-funded retirement plans and the effect such plans have on employee retirement savings. According to the study, workers who have retirement benefits offered to them are more involved with their retirement planning and start saving for retirement at an earlier age. The study also confirms that American workers believe company-sponsored retirement benefits are important, rating employee-funded plans as second in importance only to health insurance.