Tag: MEP

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 on the Form 5500 a list of participating employers and a good faith estimate of the percentage of total contributions made by such participating employers during the plan year.

Lawmakers Hear Wide Support for Open MEPs

Witnesses speaking during a Senate subcommittee hearing expressed the benefits of allowing open multiple employer plans for small businesses and discussed what legislation about them should include.

Are Open MEPs the Silver Bullet?

In a conversation with PLANSPONSOR, Russell Investments’ chief research strategist suggests momentum is building for “open” multiple employer plan expansion.

Guidance for MEP Form 5500 Changes Issued

The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) published an interim final rule to implement Form 5500 annual reporting changes for multiple employer plans (MEPs).