The report’s key findings are:

• About half of personal sector employees are usually not lined by an employer retirement plan at any given time; this protection hole is pushed by small companies.
• To encourage extra small companies to undertake plans, policymakers have made it simpler to take part in A number of Employer Plans (MEPs).
• MEPs cut back the executive burden and fiduciary tasks of a stand-alone plan, and – in idea – may very well be cheaper.
• However it’s not clear that they do price much less, and any such evaluation ought to contemplate worker – in addition to employer – charges.
• Total, whereas MEPs may very well be enticing, adoption could also be sluggish as a consequence of unfamiliarity with the product and uncertainty over any price benefit.