Advantages of the Massachusetts CORE Plan
The Massachusetts Defined Contribution CORE Plan ("CORE Plan") is a state-of-the-art multiple employer 401(k) retirement plan designed especially for the state's nonprofit sector.
The features of the CORE Plan provide you with the ability to focus your time and energy on the primary duties of your organization while offering an exceptional benefit to your employees:
- Potentially lower cost for your organization
- Oversight and fiduciary support from the Office of the State Treasurer
- Straightforward administration for your benefits staff
- Protections under ERISA for all participating employees