MDIS Multiple Employer 401(k) Program

The aggregation of assets and administration often results in lower costs and MDIS dynamic pricing structure can mean further cost reductions as your plan continues to growth.

National Benefit Services (NBS) in their role as your 401(k) plan’s designated Administrative 3(16) Fiduciary and Morningstar as your 3(21) and 3(38) Investment Fiduciary, provides you fiduciary protection and outsourcing. When you place your 401(k) plan in the MDIS Multiple Employer Retirement Program, you are transferring virtually all the fiduciary risk and responsibilities from you, the dentist (adopting employer), to MDIS program fiduciaries.

Virtually all administrative tasks and day-to-day plan operations can be shifted, including, but not limited to: eligibility tracking, contribution remittance, distributions, annual testing, enrollment, etc. This allows a dentist (adopting employer) to spend valuable time focusing on core business priorities.

Sophisticated plan options allow a dentist the ability to create a retirement plan that is designed to meet their individual practice’s unique business needs while the entire plan remains simple to administer. A win-win-win.

A wide variety of investment opportunities selected and monitored by Morningstar, the world’s leading mutual funds analytics firm, who also acts in a 3(21) Investment Fiduciary role for core investments and a 3(38) investment fiduciary for the YourPath portfolios.