Retirement — Private Sector
About this plan
A Multiple Employer Plan (MEP) lets related or affiliated employers participate in a single retirement plan — consolidating administration, filing a single Form 5500, and providing coordinated compliance testing across employer groups.
What's Included
For Employers
A MEP lets affiliated employers share one retirement plan — reducing costs and simplifying compliance. NBS handles the coordinated testing and filing so each employer doesn't have to go it alone.
For Participants
Your employer is part of a Multiple Employer Plan — a shared retirement plan that provides quality benefits at lower cost through shared administration.
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 Multiple Employer Plans (MEPs)
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.
