Pooled Employer Plan Assets Reach $10B, Cerulli Reports
PEPs are gaining traction among 401(k) sponsors across different plan sizes.
Tag: pooled employer plans
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Product & Service Launches
OneDigital launches new benefits platform; Transamerica managed advice available for contractors PEP; Gainbridge annuities available to RIAs via RetireOne; and...
Small, Midsize Employers Express Positive Experience Offering Pooled Plans
Adopters of Transamerica’s pooled plan solutions said the arrangement has allowed them to reduce their administrative and fiduciary burden, while...
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New PEP Brings Retirement Solution to Legal Cannabis Industry
Separately, another new PEP for all employers was announced by California Corporate Retirement Services.
Benefits |
New Gateway 401(k) Plan PEP Launches
Vestwell, Commonwealth, FuturePlan partner to bring new pooled employer plan to market.
From Auto-IRAs to PEPs: How Small Employers Can Offer Retirement Savings
For some employers, offering a state-facilitated retirement plan is the best and easiest option, but for others, sponsoring their own...
Voya Financial Surpasses $100B in Multiple Employer Solutions Assets
The firm saw a 15% increase in total assets, compared with the same period in 2023.
Retirement Industry People Moves
Voya Adds Two New MEP Roles; Congruent Creates Chief Revenue Officer Role; PCS Hires Kirtland to lead business development; and...
Benefits |
With Limited Resources, Managing 403(b) Plans in Higher Ed Brings Unique Challenges
As higher education plan sponsors often work with small benefits staffs and oversee diverse pools of employees, administering a retirement...
Benefits |
In PEPs, Attaining Economy of Scale Is Critical, Sometimes Illusive
While the pooled plan providers, sponsors of multiple employer plans, continue to see asset inflows, for sponsors, joining a PEP...
Benefits |
Can Multiple Employer Plans Help Close the Retirement Coverage Gap?
Advertised as a more cost-efficient and less burdensome way for small employers to offer a retirement plan, pooled solutions may...
Benefits |
Into the Pool
Representatives from two different companies explain the process by which their firms chose their respective multiple employer retirement solutions.
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New PEP Made Available by Ascensus, American Funds
The pooled employer plan is live from one of the country’s biggest PEP administrators alongside a leading TDF provider.
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Investment Product & Service Launches
The Standard to roll out intellicents PEP; USAA introduces fixed-indexed annuity; SoFi Invest announces 1% IRA match; and more.
DOL Opens Public Comment on SECURE 2.0 Provisions
EBSA will take feedback for 60 days on defined contribution reporting requirements, PEPs and emergency savings accounts.
Benefits |
Pace of New PEP Filings Slowing
Observers expect consolidation as market matures and some slowing due to IRS clarification that expanded the scope of PEPs requiring...
Aon Builds PEP Business With Four New Positions
Aon is betting on further pooled employer plan growth with added headcount.
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WTW Launches Its First Pooled Employer Plan
Retirement advisory WTW launches LifeSight PEP with Transamerica as recordkeeper.
Retirement Industry People Moves
Voya promotes Hayes to government markets and wealth solutions efforts; Epic Retirement promotes Corona to director of sales and strategic...
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Morningstar and PAi Partner on ESG-Driven Pooled Employer Plan
Recordkeeper PAi will run a PEP backed by Morningstar’s ESG overlay, with the firms citing the recent DOL ruling that...