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New proposed legislation for employee retirement plans would affect your company’s fiduciary risk and administrative responsibilities. Workers whose employers don’t offer retirement benefits would automatically be enrolled into the program. Businesses that don’t comply could potentially incur state penalties.

Many state programs also require the employer to do their own plan administration – filing, reporting, adjusting contributions limits, and more. This can be burdensome to smaller businesses that don’t have the time or staff to do complex plan management.

You can participate in the SBAM Pooled Employer Retirement Plan and avoid all of this. Our program takes on the highest level of fiduciary liability and removes your responsibility and accountability for operational and investment oversight – and you save money with tax credits and no set up fees.

By supporting employee financial wellness, attracting top talent, and potentially enjoying tax advantages, you can create a win-win situation for both you and your employees.

Become a Certified Small Business Small businesses with fewer than 500 employees and annual gross revenues equal to or less than $25,000,000 (or a 3 year average of less than $20M) are eligible to be ‘certified small’ by the Small Business Association of Michigan. This certification can help set your business apart in the marketplace, add a layer of credibility to your name and/or brand, and potentially assist with procurement opportunities. Once Certified Small by SBAM you will receive a certificate and a logo for use on your organization website and in your email signature. Learn More

Attend an Owner2Owner Meeting in Your AreaOur O2O program is a network designed exclusively for small business owners across the state of Michigan. Regularly, we will host events in each of our ten regions – Macomb, Ingham, Great Lakes Bay, Kent, Wayne, Marquette, Oakland, Washtenaw, Kalamazoo and Northern Michigan. These meetings allow for small business owners to build a sense of community in their region and gather together with other small business owners and stakeholders in their community. Each regional meeting will feature components of networking, education, and small business advocacy awareness. Upcoming Events

Get a Free Energy AssessmentYou have access to free services that can help your small business become more energy efficient. SBAM works with utility partners across Michigan to help small businesses identify energy efficiency opportunities. We are here to help you through the entire process, including finding and applying for available rebates and incentives. Request your free energy assessment – we are currently booking into 2024.Request an Assessment