Advantages of our Florida Pooled Employer Plan 401(k)
· Shift fiduciary risk to specialists:
In our PEP, the pooled plan provider serves as the NAMED FIDUCIARY, while the PLAN ADMINISTRATOR manages the process. They handle daily fiduciary decisions and oversight—so you don’t have to.
· Lighter workload for HR/Finance:
Our PEP consolidates notices, loans and distributions, eligibility and vesting, Form 5500s, and audit coordination. You focus on payroll; experts handle the rest.
· Lower, more predictable costs:
Pooling provides institutional pricing and shared services like recordkeeping, custody, investments, and audit. Lower fees help grow your balances with a straightforward, more consistent fee structure.
· Stronger participant experience and outcomes:
Auto-enroll and auto-escalate features, retirement-readiness programs, and a curated, affordable investment menu help employees save more and feel supported, increasing participation and retention.
· Compliance confidence:
ERISA experts handle compliance. As regulators increasingly use data analytics (including AI) to identify issues, our professionally managed PEP helps you stay ahead.