Pooled employer plans (PEP): A new kind of retirement plan

Pooled employer plans (PEPs) were introduced through US retirement legislation in late 2019 (the SECURE Act) to improve access to retirement plans and encourage savings and retirement income for millions of Americans.

The 美世 Wise pooled employer plan (美世智慧PEP) allows plan sponsors of certain plan sizes to pool their retirement resources with those of other employers and delegate most plan responsibilities to 美世. 

By joining the 美世智慧PEP, organizations may: 

• Drive outcomes around lowering risk and improving governance
• Reduce administrative workload and provide an extension of staff
• Enhance participant outcomes
• Access highly-rated institutional shares of investments
• Reduce investment fees by leveraging 美世’s economy of scale

Using the recordkeeping capabilities of Empower and 美世’s 25+ year experience in retirement plan management, 美世智慧PEP could be a valuable alternative for organizations looking for better retirement plan solution.