Aggregation arrangements

For all the noisy support being generated for the changes to Multiple Employer Plan arrangements in RESA and SECURE, little notice is being given to the provisions which are likely to have a much more meaningful impact on the ability for smaller plans to obtain the advantages of scale: the rules permitting the “Combined Annual Report for Groups of Plans.”
Continue Reading RESA and the SECURE Act’s Simple “Non-MEP” Fintech Alternative May Have Greater Impact than the MEP provisions.

This Opinion demonstrates that the scale we seek is not exclusively the purview of the MEP. Vendors have the ability to safely “bundle administrative services” to the same effect of a MEP, provided that they have enough scale on their own to negotiate the sort of investment pricing and expert services which the market seeks.

Continue Reading DOL Advisory Opinion Demonstrates Structure for Bundling Plans