Benefits & Services

• Partnership with OneGroup to offer employee healthcare benefits to association members
• Partnership with Burke Group/Alesco Advisors to offer MEP (pre-tax/Roth plan):

401(k) Benefit: Multiple Employer Plan (MEP) – What is it?

The BIENYS Multiple Employer Plan is a customizable 401(k) plan for your organization and includes many benefits typically available only to larger plans. Notably, this plan will limit your Fiduciary responsibility and liability, as the bulk of these responsibilities are assumed by the BIE of NYS as the plan sponsor and the selected plan service providers.  Additionally, the plan expenses are significantly below national averages.

In short, this is a tool to help your employees save and plan for retirement, while allowing you to focus on managing your business.

For Companies Without a Retirement Plan 

If you do not already have a plan in place and have 10 or more employees, New York State law will soon require you to create a plan or join the New York State Secure Choice Savings Plan.  The Mohawk Valley Builders Exchange is excited to offer this alternative to the New York State Plan, providing more flexibility in plan design.

For Companies With a Retirement Plan

 If your company already has a plan, we encourage you to consider exploring the numerous benefits this plan may provide, including the potential for significant cost savings and the opportunity to allocate most of your fiduciary risk to the BIE of NYS in their role as Plan Sponsor. The day-to-day administrative tasks are handled by the plan providers and for larger plans, this eliminates the need for a separate plan audit. Ultimately, the MEP allows companies to focus on their business instead of the administrative duties associated with a retirement plan offering.

What are the benefits of the plan?

• The bulk of fiduciary responsibility is assumed by the BIE of NYS and the plan providers
• Low-cost investment options
• Flexible plan design including eligibility, vesting, employer contributions, etc
• 1-on-1 investment guidance for participants
• Negotiated group pricing
• No start-up fee to the employer
• No individual plan audit fee to the employer
• No separate annual 5500 filing or ERISA bonding requirement
• No obligation fee benchmarking analysis
• Generous “plan start-up” and auto-enrollment tax credits are available for the first 3 years. For more details consult your tax advisor

Click here to visit the Mohawk Valley Builders Exchange MEP Website to learn more and get started!

Member of Building Industry Employers of New York State; Executive Director Tracy Page currently serves as the Vice President.

• Communication with governmental agencies regarding contract bidding, specifications, etc., through the BIE of NYS
• Lobbying with NYS through the Business Council of NYS
• State Report – news bulletin – legislative alerts
• Local and State-wide reporting of issues affecting our industry through our involvement with the
  Small Business Council and Government Affairs and Economic Development Groups

• OSHA Training Programs at MVBE office
• Safety Training – courses available at MVBE office
• Monthly Tool Box Talks included in Newsletter
• Online Plan System Training
• Sexual Harassment Training
• Notary services available during regular business hours for association members

Advocating the need of a strong construction trades workforce through construction career days, student classroom instruction, apprenticeships, scholarships, and partnership in our local workforce development committee.

• Membership Meetings including Cabin Fever
• Annual Golf Outing
• Mohawk Valley Construction Industry Clambake
• Annual Membership Dinner

Mohawk Valley Builders Exchange is governed by a Board of Directors. The Board is composed of a cross-section of the Mohawk Valley Construction Industry.