Enroll in the AHMI 401(k) Multiple Employer Plan
Appalachian Hardwood Manufacturers, Inc. encourages members to enroll in the AHMI 401(k) Multiple Employer Plan.
The AHMI plan allows hardwood companies to pool existing retirement accounts or start new programs for employees. The plan offers economies of scale pricing that lowers costs for recordkeeping, third-party administrators, and financial consultants.
Participants have access to low-cost investments that are typically only accessible to large corporate plans. There is also no individual company audit requirement, saving staff time and creating efficiencies.
Adopting employers have plan design flexibility and can retain their individual plan features such as a matching formula, vesting, and eligibility. The Retirement Consultants on the AHMI Plan have over 50 years of retirement plan consulting experience. You can reach out to them with any questions: John Faircloth 813-227-2892 and Michael Carey 813-227-2837.
Our plan representatives, John Faircloth and Michael Carey, can produce detailed packets for every AHMI member company outlining your company’s current retirement program costs and the estimated savings in the AHMI 401(k).
For more information, please contact the AHMI office at 336-885-8315.