Despite their popularity among workers, retirement plan benefits present a variety of challenges for the businesses that offer them, often requiring a significant investment of money and manpower. Thanks to the introduction of Pooled Employer Plans (PEPs), businesses now have a simpler, more affordable option.
PEPs are new retirement plan structures that allow unrelated employers to combine their buying power and create economies of scale that can significantly reduce the cost of investments and administrative services.
Access provides unparalleled transparency through a unique, unconflicted PEP model, giving clients the peace of mind of knowing that their best interests will always be the top priority. Eligible businesses could receive up to $16,500 in tax credits to offset, or even eliminate, plan startup costs.