Browsing Tag
Multiple Employer Plans (MEP)
90 posts
A Multiple Employer Plan (MEP) is a retirement plan, such as a 401(k), that allows two or more unrelated employers to participate in a single plan. By pooling resources, employers can reduce administrative costs, share fiduciary responsibilities, and offer employees access to broader investment options. MEPs simplify compliance and can make offering retirement benefits more affordable for small and mid-sized businesses.
Tips and Traps for Advisors and Small Group Plans
For anyone who doubts the potential popularity of group plans, some back-of-the-envelope math from Jason Roberts will set…
Few Advisors Working MEP/PEP Market… For Now
For all the hoopla about the SECURE Act expanding access to Multiple Employer Plans and Pooled Employer Plans…
Department of Labor Announces 401(k) PEP Registration Requirements
The Department of Labor today announced a final rule establishing registration requirements for pooled plan providers. The rule implements…
Schlichter Targets Pentegra MEP in Latest Excessive 401k Fee Lawsuit
A lawsuit was filed earlier this week in U.S. District Court in New York City against Pentegra Retirement…
What DC Plan Consultants Expect in Wake of SECURE Act
After the passage of the SECURE Act at the end of 2019, defined contribution plan consultants indicate they…
DOL to Seek Comments on PEP and Open MEP Prohibited Transactions
Want to let the DOL know what you think of Open MEPs and PEPs under the SECURE Act?…
Dem-Proposed ‘Heroes Act’ Includes Further RMD, Pension Relief
A number of retirement provisions are included in the sprawling 1,815-page HEROES Act, released by House Democrats on…
SECURE Act Impact: 3% Reduction in Retirement Deficit?
SECURE Act Impact boosts retirement savings, cutting deficits up to 10% for U.S. workers, especially at smaller employers.
Association Retirement Plan Debuts in Connecticut in Wake of New DOL Rule
In the wake of the U.S. Department of Labor’s highly anticipated final rule on ARPs taking effect last…
Open 401k MEPs: Not Just for Smaller, ‘Planless’ Employers?
When passage of the SECURE Act in late December opened the door for unrelated small and medium-sized employers…