Litigation Risk: MEPs Touted as Cost-Efficient, but Class Actions Suggest Otherwise

An MEP is different from a single-employer 401(k), where identifying the fiduciary is more straightforward. Such fragmentation creates ambiguity—and ambiguity tends to generate litigation.

       

An MEP is different from a single-employer 401(k), where identifying the fiduciary is more straightforward. Such fragmentation creates ambiguity—and ambiguity tends to generate litigation.