Why NAEF?
NAEF is made up of organizations just like yours. Most NAEF members are small to mid-size organizations that want the best benefits for their staff members but find that, on their own, "the best" is out of reach. Join the NAEF community to find market-leading benefits, rich educational content, and support from some of the best industry consultants all to help you deliver benefits that reinforce why your employees chose you in the first place!
The History of NAEF and Why It Matters Today
NAEF was formed in 1997 to meet the benefit and retirement objectives of the association community. While larger employers with more than 1000 employees can more easily achieve benefit and retirement objectives for their organizations because of their scale, small to midsize employers don’t have the size to negotiate improved pricing to yield more favorable results for their employees. The NAEF Board brought multiple association employers together to create buying power and the result has delivered significant protection from the benefit programs along with improved participation returns with significantly lower expenses. NAEF is an association of associations, created for associations by associations, and led by association professionals, and perhaps there’s no better partner to support you than colleagues you know and trust!
Meet the NAEF Executive
Meet the NAEF Leadership
Since NAEF is an organization governed by its Board of directors, the Board takes on the role of governing plan-related decisions, and is charged with supporting NAEF in the following capacities:
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Establishing, maintaining and reviewing NAEF plan benefit policies;
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Identifying and selecting a blend of well-managed investment options for the plan that offer an adequately diversified lineup; so that each plan participant has the opportunity to prudently diversify his/her account given his/her investment circumstance;
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Monitoring the investment strategies, performance, fund managers and risk characteristics of investment options on a regular basis;
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Taking appropriate action if objectives are not being met or if the investment strategy employed by any of the funds is no longer appropriate for the investment option;
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Evaluating services available to assist participants in meeting their investing needs (e.g., managed accounts, advice, etc.);
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Determining that investment fees paid to service providers and other investment expenses of the plan are reasonable;
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Identifying and selecting service providers to assist in meeting and maintaining plan investment objectives;
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Remove/terminate options/managers not performing at acceptable levels;
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Avoid prohibited transactions and conflicts of interest.
