"From a fiduciary standpoint, the regulation would clarify some of the questions around MEPs. Under the proposal, an employer would execute an agreement that spells out the rights and obligations of the MEP sponsor and participating employer. As such, the individual participating employers would not be viewed as the sponsor, plan administrator, or named fiduciary under ERISA, but would retain some fiduciary responsibility for choosing and monitoring the arrangement, and forwarding required contributions to the MEP."  MORE >>