SHRM Quotes SVP Joe Sellitto in an Article on Pooled Employer Plans
SHRM recently published an article on how pooled employer plans may give smaller organizations the advantages of a large 401(k). If you aren’t familiar, PEPs are retirement plans that allow unrelated businesses to join a single plan that’s set up and administered by a professional plan provider (PPP).
Joe Sellitto, Senior Vice President at Bradley & Parker, was quoted in the article on how PEPs provide small businesses with a way to access the same investment options as a larger company, but at a reduced cost and with a reduction in the employer’s fiduciary responsibilities. Visit the article for more information on how PEPs can provide better and less expensive investment options for participants.
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