July 20, 2022 (Harrisburg, PA) – Conrad Siegel and the Harrisburg Regional Chamber & CREDC have announced a new offer through the Chamber’s Member Value Program (MVP). The two organizations have collaborated to offer the Central PA 401(k), by Conrad Siegel at a discounted rate to Chamber and CREDC members.
The SECURE Act, which became law on Jan. 1, 2020, created a new type of 401(k) called Pooled Employer Plans (PEPs) and paved the way for providers to begin offering PEPs in 2021. These plans allow multiple small employers to join one single retirement plan rather than having to each start their own plan. The Central PA 401(k) is the region’s first locally-developed Pooled Employer Plan.
“Offering a retirement plan hasn’t been an option for many local small businesses,” said Trevor Bare, Partner & Consulting Actuary at Conrad Siegel. “They can be expensive and too complex to manage. Our firm has always called Harrisburg home so we’re really excited to partner with our local business community to offer this new retirement plan which can save our neighbor businesses time and money.”
Harrisburg Regional Chamber & CREDC’s Member Value Program is designed to reduce expenses using the collective buying power of its 900 member businesses. The program offers a variety of discounted products and services to help its members lower expenses. When members join the program, part of the cost-saving proceeds are also given back to the Chamber & CREDC to reinvest in membership programs.
“Attracting and retaining good employees is a core challenge that our local businesses are facing,” said Ryan Unger, President & CEO of the Harrisburg Regional Chamber and CREDC. “We recognize that it can be hard to compete for talent without a competitive benefits package. That’s why we are thrilled to work with Conrad Siegel to offer the Central PA 401(k) to our members.”
About Conrad Siegel: Conrad Siegel is an employee benefit and investment advisory firm headquartered in Harrisburg, Pa. that provides customized retirement, healthcare benefit and investment planning solutions for businesses and individuals. The firm offers unbiased, fee-based services backed by careful attention to detail. Its investment advisors are independent of any financial institution and do not receive commissions, positioning them to make recommendations in their clients’ best interests.
About Harrisburg Regional Chamber & CREDC: Harrisburg Regional Chamber & CREDC serves as a catalyst for promoting growth and quality of life in Cumberland, Dauphin and Perry Counties through bold leadership, visionary members and powerful results. Building on its 136-year history, the organization provides a unique blend of business, community/economic development and advocacy services under one roof to boost economic vitality and livability across the region. The Chamber & CREDC is five-star accredited by the United States Chamber of Commerce, a distinction achieved by less than 2 percent of chambers across the nation.
Investment Advisory Disclosure
All investment advisory services and fiduciary services are provided through Conrad Siegel Investment Advisors, Inc. (“CSIA”), a fee-for service investment adviser registered with the U.S. Securities and Exchange Commission with its principal place of business in the Commonwealth of Pennsylvania. Registration of an Investment Advisor does not imply any level of skill or training. CSIA operates in a fiduciary capacity for its clients. Investing in securities involves the potential for gains and the risk of loss and past performance may not be indicative of future results. Any testimonials do not refer, directly or indirectly, to CSIA or its investment advice, analysis or other advisory services. CSIA and its representatives are in compliance with the current notice filing registration requirements imposed upon registered investment advisors by those states in which CSIA maintains clients. CSIA may only transact business in those states in which it is noticed filed, or qualifies for an exemption or exclusion from notice filing requirements. For additional information about CSIA, please refer to the Firm’s Form ADV disclosure documents, the current versions of which are available on the SEC’s Investment Adviser Public Disclosure website (www.adviserinfo.sec.gov) and may also be made available upon request.