401(k) Simplified Flexible featuring Envestnet
Overview
A Pooled Employer Plan (PEP) is a retirement plan solution tailored to employers wanting to take advantage of economies of scale to save time and money by pooling their retirement plans into a single 401(k) plan. These employers also gain benefits by having a professional fiduciary, the pooled plan provider (PPP), oversee the plan. Plans with 100 or more employees that require an annual audit benefit most from a move to a PEP, as the plan's audit fee is typically shared by all participating employers.
- By joining a PEP, employers can transfer many key fiduciary responsibilities to designated plan experts, as permitted by law
- Leverage the purchasing power of a larger plan structure, which may help reduce costs, including audit fees
- Comprehensive administrative and compliance support, enabling employers to focus on running their business while experts oversee the plan
- Institutional fiduciary support delivered by Envestnet Retirement Services (investments) and AdvisorTrust (plan administration and Pooled Plan Provider services)
- A fixed investment menu featuring multi-asset managers and QDIAs, with the flexibility to choose between target date funds and risk-based models
- Plan audit cost is fixed and shared among adopting employers
Investment Options
Access to best-in-class investments, featuring Qualified Default Investment Alternative (QDIA) optionality for participants in the appropriate age-based BlackRock Index Target Date Funds or risk-based Ladenburg Thalmann Allocation Funds.
Benefits of working with PCS Retirement
- Access to The Advisor Lab®'s 401(k) Toolkit for prospecting and winning business
- Your brand and growth at the forefront
- Assigned onboarding specialists and single point-of-contact relationship management
- Comprehensive plan design and compliance support services
- Robust plan reporting and payroll integration
- Participant enrollment support and education tools for retirement readiness
Request Proposal
To request a proposal for a Single Employer Plan instead, please contact us.
Contact Us
Click here to connect with your regional PCS representative.
Our internal sales team is also here to help! Reach out using the contact details below:
Phone: 1 (877) 272-4015
Email: advisorservice@pcsretirement.com