Browsing Tag
Pooled Employer Plans (PEP)
85 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).
Advisors Gaining Popularity Along with the PEPs They’re Selling
New research highlights positive effects of skyrocketing Pooled Employer Plan sales
‘Vestwell Elite’ Pooled Employer Plan Debuts
New PEP built in collaboration with FuturePlan and Wilshire Advisors
Transamerica, Fiducient Advisors Launch 403(b) PEP
The plan structure is designed to customize eligibility, matching formulas, and contribution designs
IRI Pushes DOL to Issue PEP Guidance
The IRI is asking the DOL to provide guidance on fiduciary responsibilities for PEPs, among other requests
Aon PEP Assets Reach $5B
Aon credits the plan’s lower fees, investment options, and plan management for the increase
DOL Requests Public Input on Backing PEPs for Small Employers
EBSA is asking industry experts on how it could help small employers offer pooled employer plans as a retirement benefit
Principal Partners with FuturePlan to Meet Rising PEP Demands
Adding FuturePlan as the pooled plan provider, 3(16) plan administrator, and TPA for Principal’s largest pooled employer plan went into effect July 1
Why PEPs Are Gaining Ground—and What That Means for the Future of MEPs
Equitable's Jim Kais explains why small and mid-sized businesses are favoring the flexibility and scale of PEPs
Vestwell Partners with Amazon’s DSP Program to Deliver Retirement Services
The firm will be offering PEP solutions to Amazon's Delivery Service Partner program
PEP Adoption Skyrockets Employer Satisfaction with Their Advisor, Retirement Plan
New report finds 40% increase in satisfaction with the retirement plan’s advisor after joining a Pooled Employer Plan