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BY John Iekel | 10/31/2019
The American Retirement Association has submitted a comment letter recommending that the Department of Labor amend its regulations under Section 3(5) of ERISA in order to facilitate the sponsorship... Read More
BY NAPA Net Staff | 9/12/2019
As the industry once again seems to stand on the brink of action with regard to multiple employer plans (MEPs), we asked Summit Insiders to tell us where they stood on open MEP or asset pooling... Read More
BY John Iekel | 8/12/2019
Multiple employer plans (MEPs) figure prominently in many discussions about workplace retirement plans today. And with those discussions including changes that would expand their availability and use... Read More
BY John Iekel | 7/26/2019
The Department of Labor has issued temporary penalty relief related to certain Form 5500 requirements for multiple employer plans subject to ERISA §103(g). The relief is contained in Field... Read More
BY Ted Godbout | 5/23/2019
UPDATED: May 24, 2019, at 9:30 a.m. (ET) One of the most consequential pieces of retirement security legislation in more than a decade has been approved overwhelmingly by the U.S. House of... Read More
BY NAPA Net Staff | 5/10/2019
New proposed legislation could help close the retirement savings coverage gap — and you can help make it a reality. Small business owners face real challenges – costs, administrative burdens and... Read More
BY Ted Godbout | 5/6/2019
Open MEPs are most likely to succeed if they offer a variety of plan and fund options along with lower costs than small businesses are paying now, according to a recent study.   ... Read More
BY Nevin E. Adams, JD | 5/3/2019
A reader notes, “the MEP topic at the NAPA 401(k) Summit sparked some interesting discussion among advisors during the peer session” – and did so again in this week’s NAPA-Net Reader Poll. MEPs,... Read More
BY John Iekel | 3/18/2019
Multiple employer plans (MEPs) are not new. But what is new is the attention they are receiving and the possibility that they could be more widely available. A recent analysis offers a look at MEPs... Read More
BY Andrew Remo | 3/5/2019
Of late, we’ve been getting a lot of questions about legislation that would create open multiple employer plans (MEPs). Here’s the update.  Ever since the Department of Labor issued an... Read More
BY NAPA Net Staff | 2/6/2019
Retirement security got some much needed attention in bipartisan legislation introduced in the Senate this week. The Retirement Security Act of 2019 was introduced by Sens. Susan Collins (R-ME),... Read More
BY Ted Godbout | 9/14/2018
Following a day-long and occasionally contentious markup session, on Sept. 13 the House Ways & Means Committee approved on party-line votes three tax bills as part of the Tax Reform 2.0 push... Read More
BY Ted Godbout | 9/11/2018
House Ways and Means Committee Chairman Kevin Brady (R-TX) has released the details of his tax reform 2.0 legislation, and it includes significant retirement savings changes, including multiple... Read More
BY Andrew Remo | 9/22/2016
The Senate Finance Committee has cleared two pieces of retirement legislation that are now pending before the full Senate, including one that includes a new brand of multiple employer plan (MEP) for... Read More
BY NAPA Net Staff | 1/28/2015
The ERISA Advisory Council has thrown its support behind the notion of multiple employer plans as a means of encouraging plan formation. The recommendation came as part of a series of suggestions... Read More
BY Andrew Remo | 7/23/2013
Congress is in the middle of a four-week, in-session work period before Members head out of town for the traditional August recess. Last week, the House of Representatives passed legislation to delay... Read More
BY NAPA Net Staff | 4/1/2013
Based on focus groups commissioned by a number of top DC providers and conducted with plan sponsors by EACH Enterprises, there seems to be considerable concern about state-run retirement plans.... Read More
BY William Montgomery | 2/21/2013
In Advisory Opinion 2012-04A, the Department of Labor fundamentally changed the prevailing wisdom on “open” MEPs, indicating that these arrangements should be considered to be individual plans rather... Read More
BY William Montgomery | 11/6/2012
In August, attorney Fred Reish wrote an insightful article for fi360 AIF designees on Open MEPs that is a must-read for anyone involved with multiple employer plans.Some background: On May 25, 2012,... Read More
BY William Montgomery | 10/8/2012
The idea of hiring experts to handle difficult plan responsibilities is nothing new to the 401(k) industry.What has changed is the variety of outsourcing opportunities offered today, and the number... Read More
BY NAPA Net Staff | 10/5/2012
Are state-run MEPs a potential boon for plan advisors? Though there is concern about the government trying to nationalize small-business retirement plans, would state-run plans actually be an... Read More
BY NAPA Net Staff | 10/2/2012
California Gov. Jerry Brown (D) signed legislation Sept. 28 that will create the nation's first state-administered retirement savings program for private-sector workers, over the objection of critics... Read More