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PLANSPONSOR: Re-enrollment Keeps Micro Retirement Plans Ongoing

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After five years of experience leading a TPA call center in North Carolina, Andrew decided to move west to explore parts unknown and follow his passion of helping others. Walking through the doors of Ubiquity Retirement + Savings, formerly The Online 401(k) for the first time, he knew he’d found something special. Continuing to delight clients and partners alike and 10 years later, Andrew has been able to develop new teams, co-found a non-profit of strategic alliances, co-produce a hard-hitting documentary about the looming retirement crisis, and still had time to spread the savings gospel far and wide. Using social media and actual media alike (Wall Street Journal, Fox Business, PlanSponsor, and more), you’ll find no one who likes talking retirement more than this guy!

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January 15, 2015 at 10:04 am
Press

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Andrew Meadows, #Coolest401kGuy

Andrew Meadows, #Coolest401kGuy

Andrew Meadows, consumer and brand ambassador at Ubiquity Retirement + Savings (formerly The Online 401k), tells PLANSPONSOR that regular re-enrollments can be a lifeline for small business retirement plans.

Ubiquity’s average plan client has just 12 participants, Meadows notes, calling the small and micro plan segment “our bread and butter.” He says Ubiquity has found success in this segment of the retirement plan market because it strives to be independent and affordable—selling only recordkeeping and administration and using index-based, third-party investment options. But the small and micro plan segment is not without its challenges.

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