Employment-Related Groups: Multiple Employer Trusts (METs)

A Multiple Employer Trust (MET) is a type of organizational structure that allows two or more employers to join together to provide their employees with certain benefits, such as health care insurance and retirement plans. The employers are still responsible for their own benefit plans, but by joining a MET, they are able to share costs, eliminate the administrative burden of providing benefits, and offer their employees more advantageous benefits that would be difficult to manage on their own. METs are beneficial for small employers who would not be able to afford group benefits on their own, as well as larger employers who wish to lower the cost of their own benefit plans.