Pooled employer plans (PEPs) have gained increased attention in recent years as a new way for employers to offer workplace retirement benefits.
Introduced under the original SECURE Act—passed in late 2019—PEPs expanded on the concept of multiple employer plans (MEPs), which historically required some level of commonality among participating employers, such as shared ownership or industry affiliation.
By contrast, PEPs allow unrelated businesses to participate in a single plan, significantly broadening access. The structure became operational beginning in 2021, but the market is still relatively early in its development.

The Certified Plan Sponsor Professional (CPSP®) Credential — developed by plan sponsors and some of the nation’s leading retirement experts — provides plan sponsors with unique proof that they have acquired a high level of knowledge and skill in one of the nation’s most challenging professions.
Incorporating the latest in online education technology, the rigorous curriculum ensures that you have the knowledge you need to put in place the procedures and process that can help protect your organization from fiduciary risk and help secure your plan participants’ retirement success.

There are two questions Plan Sponsors have when choosing a Thirty Party Administrator:

• How will I know if I am getting the best service?
• Is there anything I can do to reduce or avoid audit costs?

A Cerrado Group Member Firm can help you answer both questions. Quality service starts with plan design, which requires the skill and experience that our Members provide. If an audit is required, our investment in human and technology resources allows us to secure special reduced pricing through our Audit partners.