Next Steps for Potential for GAFP Group Association 401K Plan

Update by President Jeff Stone, MD, MBA, MHA, FAAFP

Your leadership reviewed information from outside consultants and member feedback for offering a new member benefit with a Multiple Employer 401K Plan.  At the end of 2019, the Executive Committee dedicated additional budget funds and asked senior staff and consultants to move forward with seeking a recordkeeper that will implement the plan including outreach and marketing to our members.

As President, I formed a small Task Force with members who have a strong background in finance.  We will be meeting at the end of February to select a recordkeeper and move forward with plan development.  More information will be sent to all members as we get closer to launching this unique member benefit in the next 3-4 months.  We are excited to be supporting our members with their financial future.

If you have questions, don’t hesitate to contact staff either EVP Fay Fulton (ffulton@gafp.org) or COO Angela Flanigan (aflanigan@gafp.org)