Recently, there has been a great deal of regulatory, judicial, and legislative activity surrounding association multiple employer plans (Association MEPs) and open multiple employer plans (Open MEPs). The Trump Administration, some financial services providers, and others see multiple employer plans (MEPs) as an effective mechanism for efficiently making available employee benefits to employees of small employers.
In The Investment Lawyer column titled, “Regulatory Monitor ERISA Update,” principal David Kaleda provided a summary of recent activity with regard to Association MEPs and Open MEPs with a focus on those MEPs that provide retirement benefits under employee benefit plans covered by the Employee Retirement Income Security Act of 1974, as amended (ERISA).
To view the article, please click the link below.