What is a Pooled Employer Plan (PEP)?

A PEP or Pooled Employer Plan is a modern retirement plan structure that lets many unrelated employers join together in one streamlined plan. Instead of each employer handling complex fiduciary and administrative responsibilities on their own, each PEP is required by law to have a Pooled Plan Provider (PPP) who is responsible for substantially all compliance requirements.

The result: a well-designed PEP creates less burden for employers, stronger operational oversight, and a more efficient way for businesses of any size to offer a competitive retirement plan.