Simplify Your 401(k) Administration

Are you spending too much time on 401(k) paperwork
and stressed about plan audits?

Put some PEP in your plan.

PEP Benefits for Plan Sponsors

When you switch your 401(k) to a Pooled Employer Plan (PEP), you leverage the power of a group to simplify your life. By joining a PEP, you shift the heavy lifting of plan management off your plate, allowing you to offer a competitive benefit without the administrative headaches.

Drastically Reduced Administration:
We outsource the vast majority of administrative duties—including 5500 filings and audits—to a professional Pooled Plan Provider. You get your time back.

Offloaded Fiduciary Risk:
In a traditional plan, you are personally liable for compliance errors. In a PEP, significant fiduciary liability is transferred away from you and onto professional fiduciaries.

Cost Efficiency:
By pooling your assets with other employers, you often gain access to institutional pricing and lower audit costs that act as “bulk buying power” for your retirement plan.

Streamlined Operations:
HR teams no longer have to approve loans, sign off on distributions, or manage the Form 5500. Payroll integration and participant notices are handled with professional efficiency.

What Companies Are A Fit?

Growing Companies Looking to Save

You can avoid the costly independent audit fees that are associated with a single company 401(k) plan when you join a PEP. Access institutional share classes (cheaper funds) and lower recordkeeping fees.

Small to Mid- Sized Businesses

Small HR and finance teams are often overwhelmed with the administrative tasks of managing a 401(k) plan. A PEP allows you to outsource many of those tasks.