A pooled employer reimagined that allows for fiduciary protections and plan simplicity with the added benefit of portability.
A key feature of the SECURE Act is the establishment of Pooled Employer Plans (PEPs), which allow plan sponsors to pool their retirement resources with those of other employers and delegate most running-the-plan responsibilities to a third party. This has the potential to off load many of the day to day operations and mitigate a substantial amount of the risk associated with offering a retirement plan.
The playbook has not even been written yet! Are you prepared to undertake the requirements to select and monitor Pooled Employer Plan & its providers? Making the wrong choice can have dire consequences to you, your company and your participants. We are doing the research and due diligence so you can make a prudent decision on behalf of the participants you have a duty of loyalty to.
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