52626 Posted November 1, 2024 Posted November 1, 2024 Employer has been a participated in a MEP for several years. Not an auto enrollment plan As of 1/1/2025 the plan will move to a PEP. Does the move to a PEP trigger the Auto Enrollment requirement for 2025? Or is the plan grandfathered since it was in place prior to the Auto Enrollment Requirement. Getting different responses from recordkeeper and TPAs? Thank you.
PEP-HUB.com Posted November 20, 2024 Posted November 20, 2024 The PEP will be a new plan, so plan accordingly. Even though a PEP is a type of MEP, it is a whole different type than traditional MEPs.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now