For retirement plan advisers, passage of open MEP legislation could change relationships with plan sponsors and providers, as well as create the need for new distribution models. There are many ...
Feeling overwhelmed by the idea of adding a retirement plan to your benefits package? Joining a Multiple Employer Plan (MEP) might be your solution. Designed for scale, this program can streamline ...
It's not what businesses know they know about 401(k) MEPs, it's what they don't know they don't know about 401(k) MEPs. I learned one of the biggest concerns was “Can my company leave the MEP if ...
Open MEPs as detailed in the SECURE Act offer a structure for a small plan to get maximum fiduciary support, experts say, but the roles and responsibilities of all the parties involved can be hard to ...
The Ninth Circuit recently held that a multiemployer pension plan (MEP) cannot label unpaid contributions as “plan assets” so as to impose ERISA fiduciary status on persons controlling the payment of ...
Recently, the Department of Labor (DOL) published final rules clarifying the circumstances under which “bona fide” groups or associations of employers and professional employer organizations (PEOs) ...
The DOL released final rules governing MEPs on July 31, 2019, which became effective as of September 30, 2019. In general, to quality as a multiple employer plan (MEP) under the final regulations, a ...
Fourteen Virginia private colleges are collaborating on an innovative employee retirement plan that is believed to be the first of its kind in the nation. The schools expect the move to reduce their ...
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