Mercer Wise 401(k) and PEP Hit Combined $3.6B AUM
The Mercer Wise platform provides 401(k) benefits to more than 70,000 U.S. employees.
Tag: PEP
Industry Groups Urge Congress to Finalize SECURE 2.0 Technical Corrections
Eight major organizations highlighted the need to clarify provisions related to automatic enrollment in PEPs, distributions for terminally ill participants,...
Recent Regulatory Updates for MEPs, PEPs, DCGs
The DOL and IRS have both issued updates for the three composite plan types.
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Investment Product and Service Launches
Ascensus announces launch of American Funds PEP solution; Allspring Global Investments introduces custom SMA portal; Capital Group unveils adviser benchmark...
EBSA Says It Will Propose Fiduciary Rule in August
The regulatory agenda contained several other items, such as the 401(k) lost and found, emergency savings sidecars and pooled employer...
ABCs of RFPs for PEPs
Questions to ask when selecting a pooled employer plan provider.
Benefits |
Plan Sponsor Considerations for Joining a Pooled Employer Plan
Plan design and provider services are some things employers that are considering moving to a PEP should examine.
More Companies Dive Into Pooled Employer Plans
Lower fees, reduced risk and less work are making PEPs increasingly popular among employers.
IRS Proposes Regulations Updating MEP ‘One Bad Apple’ Rule
In certain cases, the portion of a multiple employer plan attributable to a participating employer’s failure to meet plan qualification...
Fee Considerations for Small Plans
Sponsors of smaller plans should regularly review investment share classes, but another plan type might also be an option.
Taking Steps to Expand Retirement Plan Access
Between state-run plans, PEPs and moves to enhance SIMPLE plans, different entities are tackling the same problem in different ways.
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Paychex Will Offer PEP in January
The company contends its PEP offers greater levels of efficiency, as it can be integrated with the Paychex payroll.
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Principal to Launch PEP, Says More to Come
The firm is targeting its pooled employer plan at startups and companies with up to $10 million in retirement plan...
DOL Announces Final Rule on PEP Registration
The rule is in line with DOL’s proposed rulemaking that it announced in August and streamlines the electronic process by...
Tremendous Promise Foreseen for PEPs
Many retirement plan experts say they think the pooled employer plans authorized under the SECURE Act will open more doors...
Investors Seek More Substantive PEP Guidance from DOL
Though they applaud the direction the Department of Labor is taking, expert ERISA attorneys say a new proposed rule does...