401(k) Pooled Employer Plan

A Retirement Plan That Fits Your Business

As living expenses rise, saving for retirement has never been more important. Offering a 401(k) plan is a valuable way to support your employees’ financial security – while strengthening your organization by helping to attract and retain top talent.

However, running a 401(k) often comes with challenges for small businesses, such as complex and time-consuming tasks, major expenses, and greater responsibilities. But you don’t need the resources of a large organization to bring the benefits of a 401(k) to your workplace. A Pooled Employer Plan (or PEP) can help.

What Is a Pooled Employer Plan?

A PEP is a group 401(k) solution that is managed by a Pooled Plan Provider (or PPP). Here is how this solution can support retirement plans like yours:

  • A PEP gathers many tasks involved in operating a retirement plan and shifts them over from your business to the plan’s administrative and investment fiduciaries.
  • Participating organizations typically pay a group rate. This price is often lower than you might pay to run your own company 401(k).

Connect with CourseMark’s experienced advisors to discuss your needs, see if a PEP makes sense for your business, and take the next step.

Key Benefits:

  • Time and Cost Savings

    Your business can access the benefits of offering a 401(k) without all the administrative responsibilities and legal obligations that come with running it yourself – freeing up time and resources to focus on strategic priorities.

  • Advantages for Larger Organizations

    If your business has a retirement plan with 100+ eligible employees, and is subject to an annual plan audit, you can enjoy another major convenience: Because the PEP receives its own annual audit, you will not be required to have your own plan audited.

  • Expert Administration

    You can depend on an experienced partner with the resources and knowledge to ensure your plan is run efficiently and compliantly.

See How a PEP Works

It All Starts With a Conversation

Together, we will discuss your needs and compare your options. Then, we will provide a no-strings-attached proposal based on your specifications.