Compliance | September 17th, 2020 Excessive Fee, Self-Dealing Charges Filed Against Pentegra-Sponsored MEP The lawsuit says fiduciaries of the multiple employer plan failed to ensure reasonable fees for administration and investments and acted...
Products | September 16th, 2020 ERISApedia.com Launches New Edition of ‘Who’s the Employer eSource’ The eSource includes more than 30% new material from the previous edition and the material has been reorganized to make...
Administration | August 27th, 2020 Tremendous Promise Foreseen for PEPs Many retirement plan experts say they think the pooled employer plans authorized under the SECURE Act will open more doors...
Compliance | August 25th, 2020 Investors Seek More Substantive PEP Guidance from DOL Though they applaud the direction the Department of Labor is taking, expert ERISA attorneys say a new proposed rule does...
Compliance | January 31st, 2020 Details About SECURE Act’s PEP and Lifetime Income Provisions Open MEPs are now PEPs, and additional guidance is needed about requirements for PEPs and other provisions of the SECURE...
Data and Research | January 17th, 2020 State of Membership Organizations/Industry Associations Retirement Plans A look at the setup and features of these plans may offer a clue about how open MEPs sanctioned by...
Compliance | October 11th, 2019 IRS to Hold Public Hearing About Proposed MEP Rules Although, the DOL has issued final rules on association retirement plans, some are disappointed that the rules fell short of...
Compliance | August 20th, 2019 IRS Makes Language Changes to ‘One-Bad-Apple’ Rule Proposal The IRS says that, as published, its Notice of Proposed Rulemaking (NPRM) contains errors which may prove to be misleading...
Compliance | July 30th, 2019 DOL Offers Relief to MEPs That Did Not File Correct Form 5500s The Department of Labor (DOL) found more than 100 multiple employer plans (MEPs) in violation of a requirement to include...
Compliance | July 2nd, 2019 IRS Proposes Change to ‘One-Bad-Apple’ Rule for MEPs Proposed regulations would provide an exception, if certain requirements are met, to a multiple employer plan (MEP) being disqualified due...
Data and Research | April 3rd, 2019 Retirement Plan Options for Small Businesses Have Pros and Cons Small U.S. employers trust the financial services sector for its expertise more than government entities when it comes to administering...
Compliance | March 5th, 2019 IRI Advocates for Provisions of RESA in Federal Retirement Security Blueprint In addition, in a new 2019 State Retirement Security Blueprint, the Insured Retirement Institute (IRI) says the creation of state-run...
Compliance | February 8th, 2019 Open MEPs Will Be a Retirement Plan Market Disruptor If legislation allowing for open multiple employer plans (MEPs) is passed, it will be a while before implementation, and changes...
Compliance | December 31st, 2018 DOL Urged to Expand Association Retirement Plan Proposal Many industry groups that submitted comments to the DOL argued that the plain language of Section 3(5) of the Employee...
Compliance | October 22nd, 2018 DOL Seeks to Expand Access to ‘Association Retirement Plans’ These plans allow small businesses within a business group or association to join together to offer defined contribution retirement savings...
Compliance | June 14th, 2018 PSNC 2018: Washington Update Plan sponsors can anticipate additional guidance and legislation on a number of retirement plan issues.
Data and Research | May 16th, 2018 Americans Would Like Retirement Security Laws Passed Eighty percent of American workers surveyed said they would like to hear congressional candidates discuss retirement security.
Administration | May 2nd, 2018 Wisconsin Private Colleges Unite Retirement Plans in ‘403(b) MEP’ The Wisconsin Association of Independent Colleges and Universities announced a partnership with Transamerica to create a 403(b) multiple employer retirement...
Administration | April 5th, 2018 Private Higher Education 403(b) Plan Sponsors to Join MEP The goal is to reduce fees and administrative burdens for plan sponsors while providing better services for plan participants.
Compliance | February 23rd, 2018 IRI Calls on Congress to Pass Mandatory 401(k) Legislation A blueprint from the Insured Retirement Institute offers a guide for its dialogue with Congress and the Administration about improving...