Woodruff Sawyer PEP
401(k) Administration Made Simple
Benefits with Less Work and
Less Risk
Your 401(k) plan is an important benefit for your employees. A pooled employer plan (PEP) offers a better way to manage a 401(k) plan, taking the load off your team while offering your employees a valuable benefit. Plus, it can be more affordable than managing your own plan.
Nearly half (42%) of HR professionals say lack of time is their greatest barrier to achieving their organization’s priorities, according to an SHRM report.
Learn More
Administering a retirement plan is a complex job. Without the necessary skills and expertise on your staff, you expose your company to fiduciary liabilities. What if there was a better way to manage your 401(k) plan, reducing your team’s workload while offering employees a valuable benefit? A pooled employer plan (PEP) allows multiple businesses to participate in one 401(k) plan, consolidating administration and costs. Watch this informational webinar or read the blog to learn how the Woodruff Sawyer PEP might benefit your business.
What is a PEP?
A pooled employer plan allows unrelated businesses to participate in one 401(k) retirement plan. A consolidated plan means consolidated administration and costs, and less work for each plan sponsor.