Compliance January 5th, 2024 How SECURE 2.0’s Automatic Features Apply to MEPs, PEPs The IRS provided clarification about ‘grandfathered’ plans, and the DOL announced Form 5500 updates that include Schedule DCG.
Client Service June 28th, 2023 Vestwell Expands MEP and PEP Solutions Vestwell's new offerings include a range of “affordable 401(k) plan options” for advisers to provide small and medium-sized business clients.
Compliance February 24th, 2023 DOL Updates Form 5500 for 2023 This year’s changes include reporting modifications for PEPs and small plans.
Compliance March 29th, 2022 Notice of Proposed Rulemaking Updates MEP ‘One Bad Apple’ Rule New regulations would apply to multiple employer plans that are either maintained by employers that have a ‘common interest’ or...
Trends PEPs’ Predicted Growth Advisers ‘on the fence’ may have several reasons to change their minds.
The Markets April 16th, 2021 Once They Catch On, PEPs Could Grow Exponentially The current hesitancy over how they will take shape will be overcome by appreciation among advisers and sponsors alike at...
Compliance March 17th, 2021 Lawsuit Against MEP Takes Issue With Share Classes, Revenue Sharing Fiduciaries of the multiple employer plan of professional employer organization (PEO) Nextep, Inc. are being sued over excessive investment and...
Products November 16th, 2020 Principal to Launch Pooled Employer Plan With its PEP, the firm plans to simplify plan administration and reduce fiduciary risk to help more businesses offer a retirement plan.
The Markets August 27th, 2020 Retirement Industry Experts See Tremendous Promise for PEPs Many say they think the pooled employer plans authorized under the SECURE Act will open more doors for small businesses.
Compliance August 25th, 2020 Stakeholders Want 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 not sufficiently explain how pooled employer plans can...
Compliance July 24th, 2018 BlackRock Calls for Expanding Access to Retirement Plans One measure is to encourage MEPs by eliminating the “nexus” requirement.
Data & Research May 16th, 2018 Americans Support Retirement Security Public Policy Eighty percent of American workers surveyed said they would like to hear congressional candidates discuss retirement security.