Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products September 21, 2011
Ameritas Retirement Plans Introduces 401k MEP
September 21, 2011 (PLANSPONSOR.com) - Ameritas Retirement Plans, in collaboration
with Pentegra Services and Mesirow Financial, is bringing to market a new
multiple employer plan (MEP).
Reported by Tara Cantore
Called the Employers 401k ELITE Retirement Plan, employers who want to join the MEP are not required to be related.
As part of the agreement, Ameritas Retirement Plans is responsible for all recordkeeping services and the basic investment platform. Pentegra will serve as the MEP sponsor and the Board serves at the plan administrator. Mesirow Financial’s Investment Strategies department will select the investment options and will perform the duties of the 3(38) Investment Manager.
The Employers 401k ELITE Retirement Plan is being distributed by Ameritas Life and in New York by First Ameritas Life Insurance Corp. of New York.
You Might Also Like:
Products |
Product & Service Launches
ShareBuilder waives 401(k) setup fee; Voya launches access to SecureSave; Equitable expands Endowment Solutions Platform; and more.
Retirement Plan Lawsuit Targets Texas Health Care System
Retirement plan participants alleged fiduciary breaches occurred within the Houston-based health care system’s 401(k) and 403(b) plans.
Humana Inc. Defeats Class Action Claims of Excessive 401(k) Fees
A federal judge in Kentucky ruled in favor of the Humana Retirement Savings Plan with a summary judgment and dismissed...
« CDC Report Shows Increase in Health Care Coverage for Young Adults