Browsing Tag
Pooled Employer Plans (PEP)
87 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).
Alera Adds The Standard to PEP Offering
The new partnership means The Standard will work as the pooled plan provider and 3(16) fiduciary
HUB Announces Pooled Employer Plan Option
The new PEP helps expand access to 401(k)s for small businesses
Strive Launches PEP Prioritizing Investment Philosophy of Shareholder Value Maximization
Pooled employer plan debuts this week in partnership with Ameritas, AmericanTCS and Traphagen CPAs and Wealth Advisors
Aon PEP Tops $2 Billion Plateau
Company reports the pooled employer plan launched on Day 1 in 2021 has doubled during the last year with more than 70 employers and over 50,000 participants
Only 6% of Higher Ed Institutions to Join Pooled Plan Solutions
The report by Transamerica analyzes how pooled plan arrangements can increase access and retirement savings for participants in higher ed institutes
The Standard Selected to Roll Out intelli(k) PEP from intellicents
New Pooled Employer Plans offers a scalable solution for businesses with broad and flexible plan design capabilities
Ascensus, Capital Group Team Up for Pooled Employer Plan Launching Q1 2024
New investment solution focused on creating a unique portfolio to match a participant’s financial needs more closely than a traditional TDF allocation determined only by age
HUB Launches Pooled Employer Plan
New PEP targets employers with 100 or more workers
Freedom Fiduciaries Launches Pooled Employer Plan
Boise-based provider of retirement plan consulting collaborates with Finway Group and Empower to introduce PEP designed to streamline administrative challenges
First 403(b) Pooled Employer Plan Launches Post SECURE 2.0
The Platinum 401k brings the first 403(b) program to the market after SECURE 2.0 permits the nonprofit plans to maintain a PEP, with Voya as recordkeeper and LeafHouse Financial as 3(38) investment manager