Will changes to Multiple Employer Plans put a dent in the coverage gap?



We just released a report that explores the possibilities and limitations of Multiple Employer Plans (MEPs) to improve coverage in employer-sponsored retirement plans. The lack of consistent coverage — a pressing concern for the nation’s retirement income security — is driven by small employers.

A MEP is a retirement plan — generally a 401(k) — adopted by two or more employers and administered by a MEP sponsor (typically a trade or industry group or professional employment organization) that takes on the fiduciary burden and…

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