Browsing Tag
Pooled Employer Plans (PEP)
94 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).
Major Industry Players Partner on New ESG 401(k) Group Plan
Open to both existing and start-up 401k plans, it provides guided onboarding and enrollment support
RPS Retirement Plan Advisors Launches Pooled Employer Plan
“RPS SmartCourse Savings Plan” allows employers to take advantage of combined plans that are cost-effective and reduce liability
Startup Penelope Targets Small-Biz 401(k) Market
New York-based company announces it has raised $2.1 million to help build out its retirement savings platform and 401k subscription model
Transamerica Buys TAG Resources, Bolsters Pooled Plan Offerings
'The third-party administrators interested in pooled plans and who partner with Transamerica will benefit'
Pooled Plan Filing Requirements Added to Form 5500
Form 5500 instructions have been amended to make clear that a pooled employer plan is a multiple-employer plan that files a single Form 5500 Annual Return/Report
Group Plan Systems’ Pete Swisher on a Major Fiduciary Gap that Must be Closed
Anyone who knows Pete Swisher knows that he’s the go-to resource for anything fiduciary and pooled plan-related. His…
New PEP from Qualified Plan Advisors Targets Employers of All Sizes
The Pooled Employer Plan launched today offers additional fiduciary protections and fewer plan administrative responsibilities
Pete Swisher, Jason Roberts Launch New Fiduciary Services Firm
'We look at their contract with the recordkeeper, and invariably there are holes'
Integrated Payroll Capabilities Added to Fidelity Advantage PEP
New deal with Paylocity will drive efficiency by enabling employers to automate contributions and reduce risks, company says
Transamerica, FuturePlan Team for New Pooled Retirement Plan Solution
FuturePlan serves as the third-party administrator and 3(16), while Transamerica is the plan’s recordkeeper