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: pooled employer plan
Products |
Product & Service Launches
Lincoln Financial Group introduces side-by-side pooled employer retirement solutions; Alger expands high-conviction growth equity lineup; Fidelity launches three actively managed...
Products |
Hub Launches New PEP for Small Employers
The new pooled offering is designed for companies with fewer than 100 employees.
Insurance Broker’s PEP Launches for Private Equity, Venture Portfolio Firms
San Francisco-based Woodruff Sawyer enters the pooled employer plan market, seeking to attract startup plans through the firm’s private equity...
Benefits |
Institutional Advisory Division of KeyBank Launches PEP
Institutional Advisory debuts 401(k) pooled employer plan, with Transamerica Corp. the recordkeeper and Pentegra the pooled plan administrator.
Benefits |
Aon PEP Hits $2B in Plan Assets
The pooled employer plan was launched in 2021 and has doubled in assets in the past year.
Pooled Plans Demonstrate Benefits for Higher Education Plan Sponsors
Higher education plan sponsors cited lower costs and fewer administrative responsibilities as reasons to join a pooled retirement plan solution,...
Voya Financial Launches 403(b) PEP
Beginning August 1, Voya will bring what it is calling the very first pooled employer plan to employees of large...
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Vestwell Announces Expansion of MEP and PEP Solutions
In response to SECURE 2.0 permitting more flexibility for multiple and pooled employer plans, Vestwell is expanding its offerings for...
Transamerica Signs On as Recordkeeper for Smart’s ‘Choice PEP’
Smart Retirement Solutions’ new pooled employer plan aims to create a 401(k) retirement solution for employers looking to reduce their...
Clarity From Regulators is Key for Success in SECURE 2.0 Era
SECURE 2.0 brings opportunity, but also implementation, tracking and administrative questions, according to experts speaking on a PLANSPONSOR webinar.
Retirement Industry People Moves
Virtus Appoints Head of DCIO; Bipartisan Policy Center hires new fellow; and more.
Retirement Industry People Moves
TIAA names Latini to new position as wealth distribution head; DCIIA votes in 2023 committee members; Pentegra appoints two vice...
DOL Clears Question over Plan Sponsor PEP Member Responsibility for Fidelity Bonds
The department Labor replied with information for the SECURE Act amendments to ERISA that relate to the bonding requirements under...
Small Employers Are Showing Interest in PEPs
Among plan sponsors with fewer than 100 workers, interest in pooled employer plans has begun to take shape.
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.