Open Or Closed: What 401(k) MEP Choice Should Your Employer Make?

Open Or Closed: What 401(k) MEP Choice Should Your Employer Make?

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Soft drink on wooden table and men sitting
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Is it a choice between Coke or Pepsi, or is it a choice between cola-nut and uncola-nut?
This is the question employers may be asking themselves now that the Department of Labor’s new defintion of “employer” has gone into effect.
The nub of the new rule, as read from the DOL’s publication, is this:

“…employer groups or associations and PEOs can,…

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