The Standard Tops $2B in PEP Assets

The Standard has surpassed $2 billion in pooled employer retirement plan assets under administration.

“We are honored and excited to surpass the $2 billion milestone for PEP assets,” said Steve Chappell, vice president of distribution in Retirement Plans at The Standard. “Our advisors trust our PEP solution to help their clients focus on their most important tasks while providing the fiduciary management and administrative outsourcing they need for their retirement plan.”

The Standard’s PEP solution may be privately labeled by plan advisors, which can provide relief for plan sponsor clients who are tasked with plan administration and fiduciary responsibilities.

The Standard has been in the retirement plan space for over 85 years, designing and administering investment options for 401(k), profit sharing, money purchase, 403(b), MEP/PEP, 457 and defined benefit plans. Clients include corporations, government agencies and nonprofit organizations in a wide range of industries.