It’s customary for businesses in evaluating future prospects to consider/identify elements under a “SWOT” analysis: strengths, weaknesses, opportunities or threats.
For this year’s NAPA Summit Insider, we again asked respondents to weigh in on how they saw these portents of change; a game changer, for good or ill, something about which much ado had been made without justification—or was it simply too soon to say?
It’s been a year, but—and with some regulatory clarity still outstanding—a plurality (still) thinks that the impact of multiple employer plans (MEPs), or the SECURE Act’s version (Pooled Employer Plans (PEPs) remains to be seen. That said, those who see the development as a positive game changer remain a close second (in last year’s Insider 38% were in that category), with the remaining third being skeptical (much ado about not much) or a negative force.
Here’s what they thought about MEPs/PEPs (Multiple Employer Plans/Pooled Employer Plans):
- Too soon to say: 37%
- Positive game-changer: 34%
- Much ado about not much: 25%
- Negative game-changer: 4%
That said, a growing number of pooled plan providers continue to line up and sign up—and if the eventual outcome still remains cloudy, enthusiasm still seems strong…
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