Transamerica announced Feb. 25 that it was chosen to be the retirement plan provider for a multiple employer 401(k) plan created by the Greater Akron Chamber.
Bringing a new retirement plan... Read More
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MEPs, PEPs & PPPs
BY NAPA Net Staff | 2/25/2021
BY John Iekel | 2/3/2021
How do third party administrators and pooled employer plans interact? A recent webcast took a deep dive into the question.
In the ASPPA-produced “TPAs and PEPs: Structure and Service Options... Read More
BY Ted Godbout | 1/4/2021
The year 2021 is upon us, and with that, the SECURE Act’s much-anticipated pooled employer plans (PEPs) are coming online. Many firms have already announced that they plan to offer PEPs, but will... Read More
BY NAPA Net Staff | 12/21/2020
A bipartisan trio of U.S. Senators has introduced legislation that would expand Multiple Employer Plan access to 403(b) plans, along with other MEP enhancements.
The Improving Access to Retirement... Read More
BY Ted Godbout | 11/20/2020
For those interested in getting a head start in registering as a pooled plan provider, the Department of Labor has released an informational version of the form and instructions.
Unveiled by... Read More
BY NAPA Net Staff | 11/20/2020
The Mesirow Retirement Advisory Services (RAS) group is partnering with Newport Group to offer a new Pooled Employer Plan (PEP) in 2021.
According to the announcement, Mesirow’s RAS professionals... Read More
BY NAPA Net Staff | 11/18/2020
In gearing up for the SECURE Act’s pooled employer plans (PEPs) to become available next year, Principal Financial Group is teaming up with other service providers to offer a PEP that aims to... Read More
BY Ted Godbout | 11/12/2020
Pooled plan providers (PPPs) are now one step closer to being able to offer pooled employer plans (PEPs) under guidance released Nov. 12 by the Department of Labor.
The final rule ... Read More
BY Ted Godbout | 11/11/2020
Release by the Department of Labor of final regulations implementing the registration requirements for Pooled Plan Providers (PPPs) to market Pooled Employer Plans (PEPs) could come any day now.... Read More
BY Judy Ward | 11/11/2020
For advisors, pooled employer plans are a new market with promise, but also uncertainties. Will they be a game-changer? This feature article in the latest issue of NAPA Net the Magazine takes a look... Read More
BY Ted Godbout | 10/27/2020
As the effective date for Pooled Employer Plans (PEPs) nears, the Department of Labor is not wasting any time in trying to finalize the corresponding Pooled Plan Provider (PPP) registration... Read More
BY John Iekel | 10/22/2020
Rep. Ron Kind (D-WI) has introduced legislation in the House of Representatives that would increase access to retirement savings for employees of nonprofit organizations that have... Read More
BY Nevin E. Adams, JD | 10/9/2020
One of the most anticipated aspects of the SECURE Act—and one that has yet to take hold—is its “open” multiple employer plan structure, “pooled employer plans,” or PEPs. This week we asked readers to... Read More
BY Ted Godbout | 10/6/2020
In an Oct. 1 comment letter to the Department of Labor, the American Retirement Association raised several concerns with the proposed Pooled Plan Provider registration requirements under... Read More
BY Nevin E. Adams, JD | 10/5/2020
One of the most anticipated aspects of the SECURE Act —and one that has yet to take hold—is its “open” multiple employer plan structure, “pooled employer plans,” or PEPs. But how much impact will... Read More
BY Ted Godbout | 9/16/2020
A Sept. 11 workshop session at the 2020 NAPA 401(k) Cyber Summit addressed some of the key considerations for the potential wave of new products and strategies involving open MEPs, PEPs and “group of... Read More
BY Nevin E. Adams, JD | 8/21/2020
As the effective date for Pooled Employer Plans (PEPs) nears, the Labor Department has published a proposal regarding how the Pooled Plan Providers (PPPs) that administer those programs will be... Read More
BY NAPA Net Staff | 8/20/2020
Building on the opportunities created by the SECURE Act, Lockton has launched a new Outsourced Administrative Responsibilities (OAR) practice that will make Pooled Employer Plans (PEPs) the first... Read More
BY NAPA Net Staff | 6/24/2020
As the effective date for the new “open” multiple employer plans (MEPs) nears, a major insurer and professional services firm has announced the launch of a new offering.
Aon’s Pooled Employer Plan... Read More
BY NAPA Net Staff | 6/17/2020
The U.S. Department of Labor has just announced its Request for Information (RFI) on Prohibited Transactions involving Pooled Employer Plans (PEPs) under the Setting Every Community Up for Retirement... Read More
BY John Iekel | 6/11/2020
The American Retirement Association has provided the Department of Labor with some comments on dealing with potential issues regarding Pooled Employer Plans and Pooled Plan Providers... Read More
BY David Levine, JD | 4/30/2020
After years of waiting, the SECURE Act is law. Open multiple employer plans, generally referred to as pooled employer plans (PEPs) under the SECURE Act, can go live in 2021. So what does a plan... Read More
BY NAPA Net Staff | 3/11/2020
While it's not specifically spelled out in the SECURE Act, a key official with the Labor Department indicated that the agency anticipates issuing guidance to help implement the lifetime income safe... Read More
BY Brian Graff | 1/15/2020
Ironically, one of the most popular provisions in the SECURE Act also turns out to be one of the most controversial among industry professionals.
Specifically, that’s the provision regarding “... Read More
BY NAPA Net Staff | 12/19/2019
To understand a new law, it’s often helpful to read the actual law – especially since, in the case of the SECURE Act, we may well be waiting on IRS and DOL regulations for much of 2020. But what if... Read More
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