POOLED EMPLOYER PLANS
Introducing the MJ 401(k) Pooled Employer Plan. A Plan designed to ease your administrative burdens and help employees retire right.
BENEFITS OF A PEP
A Pooled Employer Plan (PEP) allows employers to pool their retirement assets together into one retirement plan and delegate most plan responsibilities to a third-party.
Through a PEP, employers are achieving economies of scale, simplifying their responsibilities, and eliminating the need for an individual plan audit.
Assurance that fiduciary responsibilities are met and the plan is compliant
Insert sigh of relief
Limited employer involvement
More time to focus on your business
Flexible Plan Design
Have it your way!
Eliminate Individual Plan Audit
No one likes an audit
Achieve Economies of Scale
THE EMPLOYEE EXPERIENCE
All branding and communication to your employees will be around your organization. Participants contribute to a plan that makes sense to them, while you save time and money. Great work!
Design a retirement plan that aims to optimize benefits and improve overall plan health
Help manage fiduciary risk
Regularly review plan fees and expenses against benchmarks
Serve as a valuable resource for your benefits team and employees