How does it help

A Pooled Employer Plan (PEP) is a 401(k) retirement plan that allows unrelated businesses to participate in one plan managed by a Pooled Plan Provider (PPP).

Save money

With negotiated plan rates

Investment line-up

Chosen and monitored by the 3(38) investment manager

Advanced participant experience

To make changes quick and easy

Save time

We will run the plan so you don't have to

Reduced risk

Finway Group serves as the plan sponsor*

Personalized financial wellness

For all participants

Flexible plan design

Designed by professionals

Participant education

Ready when they are

Onboarding support

For employee enrollment

Fewer calls & questions

Employees call Finway Group*

Expertise

Support from professionals

Relationship manager

Giving you a single point of contact

Pooled Plan Provider

A PPP is the plan sponsor, administrator, and named fiduciary for a Pooled Employer Plan. Finway Group stands shoulder-to-shoulder with you as a named fiduciary. We also act as the 3(16) Plan Administrator and TPA, handling daily administration, compliance, and plan support.

Sign & file the IRS Form 5500

Track participant eligibility

Onboarding support

Relationship Manager

Year-end census provided

Monitor payroll uploads

Daily phone and email relief

Mail out all required notices

Approve loans & distributions

Payroll integration

Recordkeeper - Empower

Participants can:

  • View their projected retirement income
  • Estimate their retirement healthcare costs
  • Adjust their contributions
  • Rebalance their portfolios
  • Update language to Spanish
  • Manage their health savings accounts
  • Examine their financial wellness
  • Account for their outside assets

Investment Manager- RBC Wealth Management

Having a 3(38) Investment Manager relieves the risk and responsibility when selecting and monitoring funds, providing an added layer of fiduciary protection.

  • Assist with developing the Investment Policy
  • Statement (IPS)
  • Select & monitor of plan investments
  • Select & monitor of QDIA
  • Execute investment changes
  • Maintain liability for investment decisions
  • Investment performance measurement & analysis

Directed Trustee - Empower

As the directed trustee, Empower holds legal title to the assets held in trust.

Learn more

PEP is only one available option, please see our full suite of retirement plan options here:

Retirement planning services