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