Greater Newport Chamber of Commerce; Pooled Employee Retirement Plan Survey

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* 1. What is the name of your business?

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* 2. How many year-round employees do you have?

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* 3. Do you offer employer paid benefits?

Yes

No

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* 4. Have you ever offered retirement benefits?

Yes

No

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* 5. Do you currently offer retirement benefits?

Yes

No

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* 6. What are the reasons for not offering retirement benefits?

Typical turnover rate of staff

Most employees are part-time/seasonal

Can’t afford employer contribution

Can’t afford cost of managing plan

Haven’t really thought about it/ Haven’t investigated it.

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* 7. If those reasons could be mitigated, would you consider offer retirement benefits?

Yes

No

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* 8. What is your biggest concern about offering your current retirement benefits?

Typical turnover rate of staff

Most employees are part-time/seasonal

Can’t afford employer contribution

Can’t afford cost of managing plan

Other (please specify)

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* 9. Would you switch plans if the cost to manage the plan could be reduced?

Yes

No

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* 10. Do you consider retirement benefits as an employee retainment tool?

Yes

No

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* 11. Besides the Greater Newport Chamber of Commerce, do you belong to the following (check all that apply):

Another Chamber of Commerce

Industry trade association

Buying group for products or services

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* 12. Have you ever considered joining a buying group for products or services?

Yes

No

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* 13. If the Chamber offered its members the opportunity to offer a retirement plan at a reduced cost, would you be interested in participating?

Yes

No