PEP – Unleash the Power of a Pooled Employer Plan for Your Employee Retirement Plan

By adopting a PEP, you can offload much of your Fiduciary responsibility and liability without taking on burdensome administrative, investment and fiduciary responsibilities. When you work with NPPG, your organization can expect the highest level of service and insight while eliminating the administrative complexity that hounds employer-sponsored retirement plans. 

In addition to the benefits of outsourcing these roles, the pooled assets in the PEP create economies of scale, which potentially could reduce your overall plan cost and provide expanded services for the Plan Adopters and Participants.  

A couple of advantages to joining one of our PEPs:

  • Unlike most PPPs, NPPG Plan Professionals is registered with the Department of Labor (DOL) and Securities and Exchange Commissions (SEC)
  • You are not the Plan Sponsor.
  • You are not the Trustee.
  • You are not the Fiduciary Plan Administrator.
  • You are not the Investment Fiduciary.
  • You do not file a 5500 anymore.
  • No Individual Plan Annual Audit.
  • Do not sign loans or distributions.
  • The PEP sends all required participant notices.

NPPG has serviced successful Multiple Employer Plans since 1995…

Unlike Multiple Employer Plans which limit participation to employers that share some commonality, with SECURE Act legislation the playing field has been made level for employers from various industries to join a PEP and enjoy the advantages of scale by pooling assets and administrative functions.  

…and we sponsor successful PEPs with more on the horizon. 

At NPPG, we are leveraging the success we have had administering MEPs and bringing our talent and expertise to sponsoring PEPS. With several PEPS to choose from we are uniquely positioned to ensure your 401(k) is the best thing about your benefits package.  Choosing the right PEP, that is run by an SEC registered PPP, will enable you to focus on running your business, attracting, and retaining talent to help drive your business forward. 

Is a PEP right for your company’s retirement plan? Talk to NPPG.

If time spent on administrative and investment fiduciary responsibility and/or associated liability from sponsoring a 401(k) or the cost of your current retirement plan are of concern, then give us a call to see what plan is best for you.