Retirement — Private Sector
About this plan
An Exchange/Program MEAP (Multiple Employer Aggregation Program) allows a retirement plan exchange or program to aggregate unrelated employers under a shared platform — providing institutional-grade retirement benefits with coordinated administration. NBS administers MEAPs with full compliance, reporting, and participant services.
What's Included
For Employers
Through a retirement exchange or program, you gain access to shared infrastructure and institutional pricing. NBS administers the MEAP so your compliance, testing, and filings are handled.
For Participants
Your employer participates in a retirement exchange program. NBS administers the plan to ensure your contributions, investments, and distributions are properly managed.
IRS Contribution Limits
Annual limits set by the IRS for tax-advantaged retirement contributions.
Elective Deferral Limit
All eligible employees
Age 50+ Catch-Up Contribution
Employees age 50 and older
Available if your plan permits.
Super Catch-Up Contribution
Employees ages 60–63 (SECURE 2.0)
Available if your plan permits.
Maximum Annual Additions
All contributions combined (employer + employee)
Age 50–59 & 64+
$32,500
Base $24,500 + catch-up $8,000
Ages 60–63 (SECURE 2.0)
$35,750
Base $24,500 + super catch-up $11,250
Combined totals assume your plan permits the applicable catch-up.
Catch-up contributions are plan-optional — your plan document governs which are available. Limits updated annually by the IRS. SECURE 2.0 super catch-up (ages 60–63) continues for 2026. View on IRS.gov →
NBS administers more than Exchange/Program MEAPs
Many employers use NBS across multiple benefit types — consolidating administration simplifies vendor management and gives your employees a consistent experience. You may also be interested in these related plans.
