St. Charles Regional Chamber Launches 401(k) Syndicate for Investor-Level Members

St. Charles, MO – The St. Charles Regional Chamber today announced a new 401(k) syndicate exclusively for Investor-level members, giving businesses of all sizes an affordable, turnkey way to offer retirement benefits to their employees. Powered by local advisor Marsh McLennan Agency (MMA) & administered by 401GO, the pooled program leverages the collective buying power of Chamber investors to deliver big-company retirement features at a small-business price.

“This syndicate removes the barriers that have historically kept many small and mid-sized employers from offering a 401(k),” said Scott Tate, President & CEO of the St. Charles Regional Chamber. “By banding together, Chamber members can now provide a high-quality 401(k) with minimal administrative burden and lower fees than they could secure on their own. It’s a win for business owners, their teams, and the long-term economic vitality of St. Charles County.”

Key benefits of the Chamber 401(k) Syndicate:

• Lower costs through pooled purchasing – shared plan expenses reduce individual employer fees.
• Streamlined administration – 401GO’s automated platform handles onboarding, payroll integration, compliance testing, and annual filings.
• Robust fiduciary support – 3(38) investment management and 3(16) administrative fiduciary services help mitigate employer risk.
• Flexible plan design – match formulas, eligibility, and vesting schedules can be customized to meet each company’s goals.
• Employee-friendly experience – intuitive mobile app, real-time account balances, and professionally managed portfolios encourage higher participation.

Chamber members interested in joining the plan may contact Ryan Roe, Retirement Services Consultant at MMA, at 314-866-1697 or ryan.roe@marshmma.com. Employers currently offering a 401(k) can convert their existing plan into the syndicate; while those without a plan can be up and running in as little as 15 minutes.

Businesses interested in learning more about membership and other benefits offered through the St. Charles Regional Chamber can call Julie King, Director of Membership and Sales, at 636-946-0633.