business people moving gearsWhat, then, will be the key components of the 401(k) MEP model?Which players will dominate? Which service providers will multiply?Which may find less interest in their services? (Photo:Shutterstock)

Here's the way I see it: In 10 years, private-sector open401(k) multiple employer plans (MEPs) will be the norm. Stand-alone 401(k)plans will be few and far between. Like pension plans today, onlythe oldest and largest companies with have them. And they'll betrying to figure how to get rid of all the bells and whistles theyadded to them.

State-run retirement plans? By 2030, after a series of statebankruptcies and scandal, the few that remain will have all thecredibility of a MyRA. The good news, though, is that the (blue)states that still have them will have begun to use them to replacetheir public employee pensions. (They'll rationalize this shift asa way to make state-run retirement plans "sustainable.")

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Christopher Carosa

Chris Carosa has been writing a weekly article and monthly column for BenefitsPRO online and BenefitsPRO Magazine since 2011 and is a nationally recognized award-winning writer, researcher and speaker. He’s written seven books, including From Cradle to Retire: The Child IRA; Hey! What’s My Number? – How to Increase the Odds You Will Retire in Comfort; A Pizza The Action: Everything I Ever Learned About Business I Learned By Working in a Pizza Stand at the Erie County Fair; and the widely acclaimed 401(k) Fiduciary Solutions. Carosa is also Chief Contributing Editor of the authoritative trade journal and publisher of the Mendon-Honeoye Falls-Lima Sentinel, a weekly community newspaper he founded in 1989. Currently serving as President of the National Society of Newspaper Columnists and with more than 1,000 articles published in various publications, he appears regularly in the national media. A “parallel” entrepreneur, he actively runs a handful of businesses, including a small boutique investment adviser, providing hands-on experience for his writing. A trained astrophysicist, he also holds an MBA and has been designated a Certified Trust and Financial Advisor. Share your thoughts and story ideas with him through Facebook ( Twitter (