Will MEPs Matter?
A reader notes, “the MEP topic at the NAPA 401(k) Summit sparked some interesting discussion among advisors during the peer session” – and wondered if advisors see their emergence as a threat to your business. Well, do you?
MEPs, or multiple employer plans, have long been touted as at least a partial solution to the coverage gap, as a means to cost-effectively serve the smaller plan market, as well as a way to lower the barrier to plan adoption, among other things.
On the other hand, there’s little doubt that their emergence will have some impact – and potentially a negative one on certain business models.
This week, we’d like to know how you feel about MEPs, and their potential impact.
MEPs, or multiple employer plans, have long been touted as at least a partial solution to the coverage gap, as a means to cost-effectively serve the smaller plan market, as well as a way to lower the barrier to plan adoption, among other things.
On the other hand, there’s little doubt that their emergence will have some impact – and potentially a negative one on certain business models.
This week, we’d like to know how you feel about MEPs, and their potential impact.