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Ask the Experts April 21, 2026
Are There PEPs for Employers Offering 403(b) Retirement Plans?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Reported by
PLANSPONSOR Staff
Q: Have the Experts ever encountered a 403(b) Pooled Employer Plan?
Kimberly Boberg, Kelly Geloneck, Emily Gerard and David Levine, with Groom Law Group, and Michael A. Webb, senior financial adviser at CAPTRUST, answer:
A: Yes, the Experts have encountered such plans, but it is fair to say that they are not commonplace. The primary reason is that the SECURE 2.0 Act of 2022 only recently allowed 403(b) plan sponsors to participate in such arrangements. Our Ask the Experts column on the topic notes some 403(b) plan sponsors can face certain challenges, such as annuity contract portability restrictions. Having said that, since most 403(b) multiple employer plans and PEPs are in the early stages of development, such programs may become more commonplace in the future.
NOTE: This feature is to provide general information only, does not constitute legal advice and cannot be used or substituted for legal or tax advice.
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