Have you considered how a Pooled Plan Provider (PPP) play a central role in the administration of Pooled Employer Plans (PEPs) and takes on significant fiduciary responsibilities? Acting as a fiduciary means that the PPP is legally required to act in the best interests of the plan participants and beneficiaries. Here’s how a PPP
Understanding the Differences in Your Fiduciary Duty When Offering a Single Employer Plan (SEP), Pooled Employer Plan (PEP), or Multiple Employer Plan (MEP) In a previous blog, we discussed the definitions and advantages of each type of retirement plan option: SEP, PEP, and MEP. Now let’s delve deeper into understanding the differences in your
Understanding the Differences in Single Employer Plans, Pooled Employer Plans, and Multiple Employer Plans The decision between a SEP, PEP, or MEP depends on an employer's specific needs, resources, and preferences. In this blog, we review the differences in Single-Employer Plans, Pooled Employer Plans, and Multiple Employer Plans. Single Employer Plan (SEP)