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View More FIS Relius Education Webcasts and Conferences

Multiple Employer Plans: How MEPs Work for Private Employers

FIS Relius Education

Mar. 1, 2016
Recorded Online
Webcast
[Recorded online and available for purchase.]

This is the first of two web seminars dealing with Multiple Employer Plans (MEPs). This program address the qualification and labor issues affecting MEPs for private employers. The second program looks at recent DOL rules to allow states to offer MEPs under favorable rules no private organization can compete with, as well as other state sponsored retirement plan options.

2012 Department of Labor Guidance on “open MEPs” answered some long-standing questions. Open MEPs are a series of separate plans under ERISA, not a single ERISA plan. However, some MEPs can still be treated as single ERISA plans.

Regardless of the type, multiple employer plans are complex and require careful thought and planning. In this Web seminar, Derrin Watson, author of "Who’s the Employer?", which extensively addresses PEOs and multiple employer plans, will discuss:

Common multiple employer plan situations
Design strategies
Qualification rules
Service
Compensation
Testing
Top-heavy
PEO-specific rules
Recent DOL Guidance
ERISA status
5500 Filing
Audits
Bonds
Fiduciary responsibility
Correcting errors

Prerequisites:
There are no prerequisites or other advanced preparation for this program. However, the speaker will assume that attendees understand the operation of 401(k) plans in general and have one year of experience. The speaker will not assume prior experience with multiple employer plans.

Level: Intermediate

Instructional Delivery Method
Group – Internet-Based

NASBA Field of Study: Taxes

Speaker: S. Derrin Watson, J.D.
Recipient of ASPPA's 2006 Educator of the Year Award

Objectives: After attending this Web seminar, an attendee should be able to:

Identify appropriate situations
Determine service for eligibility and vesting
Calculate compensation for various purposes
Explain how to test the plan for coverage and nondiscrimination
Assist in plan design
Adapt to the administrative differences involving these plans

More Information, How to Register

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