Browsing Tag
Pooled Employer Plans (PEP)
97 posts
A Pooled Employer Plan (PEP) is a retirement savings plan introduced under the SECURE Act of 2019 that allows multiple unrelated employers to participate in a single 401(k) plan managed by a pooled plan provider (PPP). By joining together, employers can reduce administrative burdens, lower costs, and gain access to professional management. PEPs are designed to expand retirement plan access, especially for small and mid-sized businesses, by offering a streamlined, cost-effective alternative to sponsoring a standalone 401(k).
Why TPAs Will Play a Role in Next Phase of PEP Growth
Lincoln Financial’s Jason Crane explains why a pooled employer plan approach that supports third party administrators is likely to surface as a critical alternative to today’s solutions
Transaction Fees Surpass Budgets for Small Businesses
Those enrolled in PEPs also noted increased costs compared to 401(k) employers, finds Human Interest
SEC Informal Guidance Clears Path for PEP Growth and CIT Access
New SEC staff guidance removes key regulatory hurdles, allowing pooled employer plans to scale more easily, expand access to lower-cost CIT investments, and better serve small and self-employed employers
Safe Harbor Rolls Out PEP Built for Cannabis Employers
New Safe Harbor Retirement Plan helps enable legal cannabis operators to offer stable, compliant retirement benefits with greater continuity for employees
Advisors List Reduced Fiduciary Risk, Administrative Burden for Growing PEP Interest
The findings identify a growing shift towards PEPs in the retirement plan industry
Equitable Launches 403(b) PEP Aimed for Nonprofits
The PEP builds on Equitable’s 401(k) PEP for small and medium-size businesses and expands on the firm’s Retirement Access Suite
Ascensus, OneDigital Partner on PEPs
OneDigital will serve as the 3(38) investment fiduciary while Ascensus provides recordkeeping, 3(16) administrative fiduciary services, and more
NEPC Rolls Out ‘Stratum One’ Pooled Employer Plan
Partnering with Empower and NPPG, new PEP will centralize fiduciary oversight, reduce administrative burden, and deliver institutional pricing
OneDigital’s Secure Future PEP Goes National
Milestone reflects both the strength of the $600 million Pooled Employer Plan and increasing demand among employers and advisors
Recordkeepers List PEPs, Personalization as Leading Priorities
Cerulli report finds 63% of recordkeepers expect the rise in PEPs to have a positive effect on business