A Strategic Solution for Your Retirement Plan
Under the SECURE Act, Pooled Employer Plans (PEPs) allow employers like you to pool together in the same retirement plan, providing affordable benefits similar to some of the largest companies in the country.
Benefits of Joining a PEP as an Adopting Employer
Cost Savings
Costs are generally lower than traditional retirement plans because they are spread across a larger participant and asset base reducing the costs for each employer and participant in the plan
Handled by Experts
Fiduciary duties are outsourced to experts, limiting your fiduciary liabilities
Less Work
The pooled plan provider is responsible for most all of the plan’s operations
More Time
Since the plan doesn’t take up your time, you can focus on growing revenues and profits in your business while helping your employees pursue a successful retirement
Fiduciary Services
Employee Retirement Income Security Act of 1974 (ERISA) focused experts take the helm, allowing the adopting employer’s professionals to do what they do best. We assume responsibility for all fiduciary functions that are allowed by the SECURE Act, creating relief from most fiduciary liabilities of the adopting employer.
And, to make sure Individual Employee Participants are protected, they will receive:
- Enrollment and educational support from one of HB Retirement’s team of financial advisors
- Full-function participant website and call center
- Spanish website
- Full suite of participant educational materials
- Financial wellness program
- Integrated managed account services