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).
Episode 21: Retireholi(k)s Host JD Carlson on PEP Dangers, Potential Magazine Covers and More
Pooled employer plans are getting a lot of attention, but do they live up to the hype? JD…
Callan DC Survey Finds Large Plans Unlikely to Join MEPs/PEPs
Three-quarters (76%) of defined contribution plans are very unlikely to join a multi-employer plan (MEP) or pooled employer…
Securian Financial’s Ted Schmelzle: How to ‘PEP Up’ Your Retirement Plan Business
The passage of the SECURE Act continues to resonate, and something the industry has “tried forever” is finally here—the ability to cost-effectively pool retirement plans to bring better scale to small employers. Article presented by: Securian Financial
Another PEP Pops Up, This Time for CPAs in Massachusetts
Another PEP has popped up. Integrated Partners, a national financial planning and registered investment advisory firm, with advisory…
A Different Kind of GoP (Group of Plans)
While Pooled Employer Plans (PEPs) and Multiple Employer Plans (MEPs) got the lion’s share of attention last year…
Are PEPs ‘Instrumental’ in Closing the 401(k) Coverage Gap?
Public policy advocates and market practitioners believe Pooled Employer Plans (PEP) could be instrumental to helping close the…
401(k) Plan Provider NWPS Bought by Raymond James
Broker-dealer Raymond James is expanding its retirement services offerings by acquiring independent 401k plan administrator NWPS.
Paychex is Latest to Introduce a Pooled Employer Plan
The “PEP” pool keeps growing. Paychex, Inc. announced Dec. 9 it will be among the first in the…
Post-Pandemic: Getting Your Practice and Your Clients to the Other Side of Normal
We are finally seeing some encouraging headlines around vaccines and a potential end to the global pandemic coming…
Jumping into the PEP Pool: Principal Readies Plan for 2021
Now that the Department of Labor has adopted a final rule establishing registration requirements for pooled plan providers,…