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Articles By terrance power

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As Dol Fiduciary Clears Latest Hurdle, Advisers Expect Changes Will Be Made   By: terrance power
Fiduciary standard proponents praised Congress for keeping the lights on for the Department of Labor's fiduciary standard proposal.(read entire article)
View : 68 Times
Category : Business

As Fiduciary Concerns Grow, Multiple Employer Plans Look Compelling To Some Companies   By: terrance power
Three main reasons lead some employers to join a multiple employer plan (MEP), says Jim Kais, Vice President and Director of Institutional Sales and Special Markets at Transamerica Retirement Services.(read entire article)
View : 200 Times
Category : General

Erisa 3(16) Plan Administrator Services Summary   By: terrance power
We act as the 3(16) Plan Administrator on The Platinum 401k suite of multiple employer plans, but we also serve as a 3(16) plan administrator through one of our affiliates on individual qualified plans.(read entire article)
View : 138 Times
Category : Investing / Finance

It's Time For 401(k) Plans To Become Part Of The Sharing Economy   By: terrance power
Anyone who works with small 401(k) plan sponsors knows that they have none of the time, patience, skills or desire to be plan administrators or ERISA fiduciaries.(read entire article)
View : 90 Times
Category : Investing / Finance

Meps: On The Cusp Of Proliferating?   By: terrance power
Are multiple employer plans (MEPs) — single retirement plans involving two or more unrelated employers — on the brink of becoming more widespread and a more important part of the retirement plan universe? Perhaps.(read entire article)
View : 83 Times
Category : Business

Multiple Employer Plans - A Fiduciary Solution With A Platinum Standard   By: terrance power
401k Outsourcing is a serious alternative that employers are considering more and more, especially for those companies that have less than 1,000 employees.(read entire article)
View : 100 Times
Category : Investing / Finance

Multiple Employer Plans And The 401(k) Advisor   By: terrance power
Building on the rising interest in fiduciary risk outsourcing, the 401(k) market experienced a renewed focus on multiple employer plans (MEPs) in 2010. Long utilized as the underlying plan structure for professional employer organization (employee leasing) plans, MEPs have expanded to include unrelated employers seeking a streamlined approach to plan oversight.(read entire article)
View : 86 Times
Category : General

Multiple Employer Plans Grabbing More Attention   By: terrance power
A concerted effort in Washington to get more employers to offer retirement plans has raised the profile of multiple employer plans, a largely untapped market for institutional money managers and other service providers.(read entire article)
View : 66 Times
Category : Insurance

On May 29, 2012, The U.s. Department Of Labor Issued Advisory Opinion 2012-04a.   By: terrance power
The Platinum 401k program allows employers the ability to manage their corporate retirement plan and Multiple Employer Plan in much the same manner as they handle all of their other employee benefit programs.(read entire article)
View : 71 Times
Category : Investing / Finance

Small 401k Plans In 2021 - What's In Store For The Marketplace   By: terrance power
There continues to be a huge shift in how retirement plans are sold and serviced in 2017. I think I have a pretty good idea on how the smaller end of the marketplace will be operating in just a few years after Congress gets involved.(read entire article)
View : 85 Times
Category : Business

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