PLANSPONSOR Roadmap Series: Special Considerations for 403(b) Plans
403(b) plan sponsors face unique challenges when complying with certain SECURE 2.0 provisions, such as long-term, part-time rules and joining...
Tag: MEPs
Benefits |
MEPs and PEPs Eligible for Plan Sponsor of the Year
PLANSPONSOR is opening its Plan Sponsor of the Year awards to closed MEPs and to PEPs. Only the pooled plan...
Parties in Pentegra MEP Lawsuit Decline Presence of Advisory Jury at Upcoming Trial
A final pretrial conference for the case is scheduled for November 26.
Industry Groups Urge Congress to Finalize SECURE 2.0 Technical Corrections
Eight major organizations highlighted the need to clarify provisions related to automatic enrollment in PEPs, distributions for terminally ill participants,...
Voya Financial Surpasses $100B in Multiple Employer Solutions Assets
The firm saw a 15% increase in total assets, compared with the same period in 2023.
Products |
The 3-Letter Plan Type You Haven’t Heard of
Defined Contribution Groups—DCGs—offer another option for sponsors seeking to simplify some administrative tasks.
Benefits |
Can Multiple Employer Plans Help Close the Retirement Coverage Gap?
Advertised as a more cost-efficient and less burdensome way for small employers to offer a retirement plan, pooled solutions may...
Benefits |
Into the Pool
Representatives from two different companies explain the process by which their firms chose their respective multiple employer retirement solutions.
Recent Regulatory Updates for MEPs, PEPs, DCGs
The DOL and IRS have both issued updates for the three composite plan types.
How SECURE 2.0 Can Help Small Businesses
SECURE 2.0 has several provisions designed to increase retirement plan creation and participation by small businesses, in particular by offering...
403(b) Plans Will Continue to Act More Like 401(k)s with SECURE 2.0 Changes
Plan sponsors offering 403(b) plans may be able to operate them more like 401(k)s after SECURE 2.0, according to experts.
Department of Labor Announces Form 5500 Changes
The changes to 5500 instructions are made annually.
ADP Ruling Includes Cross-Selling Claims Dismissal
The mixed dismissal motion ruling, which sides mostly with the plaintiffs, agrees with the defense that certain data-sharing among providers...
IRS Proposes Regulations Updating MEP ‘One Bad Apple’ Rule
In certain cases, the portion of a multiple employer plan attributable to a participating employer’s failure to meet plan qualification...
DOL Publishes Informational Copies of 2021 Form 5500
Among other notable changes, the Form 5500 instructions have been amended to make clear that a pooled employer plan is...
Products |
New Provider Partnerships Focus on Collective Plans
Both Transamerica and Fidelity this week announced new collaborations aimed at supporting clients interested in collective approaches to managing their...
Nextep MEP Sued for Excessive Fees
The lawsuit takes particular issue with the use of higher-cost share classes and revenue sharing.
Products |
Principal to Launch PEP, Says More to Come
The firm is targeting its pooled employer plan at startups and companies with up to $10 million in retirement plan...
PEPs Carry Evolving Fiduciary Risks of Their Own
The legal complexities that emerge when a single employer operates a retirement plan for its own staff are already immense;...
How Will the PEP Market Develop in Early 2021?
One provider getting ready to launch a SECURE Act-enabled pooled employer plan on January 1 expects plan sponsor take-up to...