Washington, D.C., counsel Bradford Campbell was quoted in Investment News in an article titled, “Multiple-Employer Plans Provide Growth for Retirement Plan Advisers, If They Can Handle It.”

The article discusses how plan advisers need to make sure they can properly service multiple-employer plans (MEPs) and are not just dazzled by the idea of adding dozens of new clients. Advisers who want to get into MEPs need to be aware of some developments going on at the Labor Department over the last few years. A 2012 DOL advisory opinion states that this structure is allowed, but each employer must file its own Form 5500 each year with the Labor Department.

“The idea that a lot of MEP proponents were trying to achieve in 2012 is that they have one retirement plan and one Form 5500, but many employers,” said Brad.