Fiduciary Responsibility

MERS is the sole fiduciary for our retirement plans.

As the sole fiduciary for our retirement plans, MERS takes on the liability for selecting the investment options, monitoring fund performance, and ensuring fees are reasonable.

Not all retirement plans are created equal.

Some providers will be co-fiduciaries for your plan. But as co-fiduciaries, plan providers and employers share fiduciary responsibility—shared responsibility means shared liability!

MERS is more than a third-party vendor.

As the fiduciary, we provide our members with:


In-house legal staff to ensure compliance with state and federal laws and monitor our qualified tax status.


Comprehensive benefit administration, including plan governance and reporting.

Investment Monitoring

Expert fund selection, performance monitoring and investment menu design.

Low Plan Costs

Economies of scale to keep plan costs as low as possible and more money in your employees’ accounts.

Participant Education

Free education and resources to help your employees plan for a financially secure retirement.


Learn More

Want to learn more about how MERS’ fiduciary role protects you and your employees? Contact your MERS Regional Manager.

Disclaimer: The information contained in this Web site is being made available as a public service. The information is not intended to constitute legal, tax, accounting or investment advice, or to replace official versions of that information. Benefit Estimates or Service Credit Purchase estimates requested through this Web site are not official descriptions of any benefits, and do not represent a promise by MERS to provide any benefit(s) to any person(s). No one can detrimentally rely upon the information provided in, or requested through this Web site. MERS reserves the right to correct any errors, and presents this information without warranties, express or implied, regarding the information's accuracy, timeliness or completeness. If you believe the information is inaccurate, out-of-date, or incomplete, or if you have problems accessing or reading the information, please call MERS at 800.767.6377.