Pooled Employer Plan vs. Standalone 401(k)
Our Pooled Employer Plan gives you a professionally managed retirement plan with far less administrative work than a standalone 401(k), plus dedicated support for your business and employees.
What is a PEP?
A PEP allows multiple employers to participate in a single, professionally managed retirement plan managed by a Pooled Plan Provider (PPP).
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Pooled Employer Plan
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Standalone 401(k)
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|---|---|---|
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Who is eligible?
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Ideal for businesses with
100+ plan participants |
Businesses
of any size |
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Who is the plan sponsor?
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Pooled Plan Provider
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You
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How customizable is the investment lineup?
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Standardized
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Customized
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How customizable is the plan design?
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Customized
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Customized
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Who handles most fiduciary responsibilities?
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Pooled Plan Provider
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You
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Who is responsible for the annual audit?
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Pooled Plan Provider
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You
|
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Who pays for the annual audit?
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Your fee is capped at $500
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You
|
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Who takes care of ongoing fiduciary filings and tasks?
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Pooled Plan Provider
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You
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How are plan costs handled?
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Costs are split among
adopting employers |
You pay all costs
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Who has investment oversight?
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Fisher\SMB
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Fisher\SMB
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Who handles employee support?
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Fisher\SMB
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Fisher\SMB
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Find the Right Fit for Your Business
Learn MOre About
Pooled Employer Plans
Frequently Asked Questions About Pooled Employer Plans
Explore answers to common Pooled Employer Plan (PEP) questions, including administration, audit costs, fiduciary responsibilities, plan features, and employer obligations.
Pooled Employer Plans: An Easier Way to 401(k)
Simplify retirement plan management with the Fisher\SMB Pooled Employer Plan (PEP). Reduce administration, audit costs, fiduciary responsibilities, and time spent managing your 401(k). Visit the webpage to learn more.