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2014 ERISA Advisory Council Report: Outsourcing Employee Benefit Plan Services (PDF)
Advisory Council on Employee Welfare and Pension Benefit Plans, via the Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]Link to more items from this source
Mar. 26, 2015
"The 2014 ERISA Advisory Council examined the outsourcing of employee benefit plan services with a particular focus on functions that historically have been handled by employers, such as 'named fiduciary' responsibilities. The Council also looked at multiple employer plans or 'MEPs' and their potential role in the outsourcing industry. Through its examination, the Council's intent was to identify areas in which the Department could provide education, outreach, regulatory guidance, and sub-regulatory guidance pertaining to employer's outsourcing of employee benefit plan services. Further, the Council hopes that employers will find its report helpful in understanding outsourcing practices and their underlying legal obligations under [ERISA]".

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