Puerto Rico’s over 47,000 small businesses can focus on core competencies while hiring administration and fiduciary help to ensure participants have the best opportunity to successfully save for retirement. If you’re in Puerto Rico and need a PEP, there’s only one place to go—NPPG. The New Jersey-based firm’s acquisition of Oriental Bank’s recordkeeping and compliance departments, once one of the island’s largest retirement plan providers, revealed the need for pooled employer plans. NPPG founder Michael Salerno was excited about the opportunity, but only if done right.
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