The SECURE Act allows employers across all industries and sizes to band together in pooled employer plans (PEPs), which gives them the opportunity to offer a new kind of defined contribution (DC) plan. By pooling resources, employers can potentially reduce plan costs, decrease their administrative and fiduciary burdens, and expand retirement plan access by offering retirement benefits to their employees. Explore Mercer’s approach where PEPs merge the attractive features of traditional 401(k) plans with a new, innovative design that has the potential to improve the retirement journey for millions of Americans. Download this important information now! Request Free! |