Unlock large plan features and benefits designed for your organization.
The 403(b) PEP offers an affordable, inclusive retirement solutions with
expert management, fiduciary oversight, and reduced administrative
costs for organizations of all sizes.
The 403(b) PEP provides non-profit organizations with seamless retirement services that inspire confidence and empower futures.
CREATING TOMORROW’S PLAN
By adhering to our mission, we shape a unique approach that amplifies our impact across an underserved population.
Simplicity
We simplify administrative tasks and fiduciary duties, enabling non-profit employers to dedicate more time and resources to advancing their core missions and making a meaningful impact in their communities.
Inclusivity
We aim to provide small and mid-sized non-profit organizations with accessible retirement plans, enabling them to offer essential benefits and support their employees’ long-term financial security.
Accountability
Our commitment is to provide robust fiduciary oversight through expert management, prioritizing the best interests of participants and fostering trust, transparency, and long-term success for all stakeholders involved.
Our comprehensive approach combines decades of experience with a focused commitment to identifying top-tier investment options, prioritizing fiduciary stewardship, trust, compliance, and participant success, ensuring all workforces benefit from a scalable, effective retirement solution.
A VISION AHEAD
Unlocking the power of pooled retirement plans, The 403(b) PEP delivers superior plan features and investment management, helping organizations of all sizes provide a brighter, more secure future for employees.
The 403(b) PEP
Our Pooled Employer Plan for 403(b) retirement offers non-profit organizations enhanced plan features, expert investment management, superior recordkeeping, and reduced risk exposure, allowing you to focus on your core initiatives with confidence.
Our Impact
At the forefront of the space, The 403(b) PEP reaches multiple plans covering diverse employers. We’re providing lower costs to employees directly and improving retirement readiness across organizations. We’re helping participants at companies of all sizes rethink their ability to contribute to their retirement plan.
Frequently Asked Questions
What is a 403(b) PEP plan?
The 403(b) PEP plan is a unique opportunity for plan sponsors of smaller and mid-sized institutions to leverage the advantage of larger plans by pooling plan assets together.
What are the benefits of joining a pooled employer plan?
The benefits of joining a PEP are multi-faceted. Plan sponsors get an experienced, dedicated investment advisor and third party plan administrator for a fraction of the cost. Plan sponsors also receive the benefit of distributing their fiduciary liabilities across professional plan fiduciary partners named in the plan charter. Plan participants realize lower costs, allowing them to grow their retirement nest egg at an increased rate.
What are the unique benefits of joining The 403(b) PEP?
Our PEP is uniquely designed to alleviate costs as well as providing enhanced fiduciary risk management to adopting employers. By joining our The 403(b) PEP, you’ll have access to an experienced team of investment analysts, retirement consultants, plan educators, third party administrators and client service professionals dedicated to helping you. You’ll also have access to the latest in recordkeeping reporting technology through Voya. Finally, you’ll enjoy the peace of mind of working with a professional plan administrator who will take care of the documentation process required by the IRS while also providing your participants with superior education resources, and direct customer care.
What are the benefits of joining The 403(b) PEP as a large organization?
Large organizations join the 403(b) PEP because it gives a wide menu of investment options at a better rate than running the plan alone. The 403(b) PEP also provides an enhanced level of administrative simplicity saving large organizations countless hours of additional administrative labor.
What are the benefits of joining The 403(b) PEP as a smaller organization?
PEPs have been uniquely designed to broaden the number of organizations capable of providing employees with a competitive retirement plan. Reduced plan costs and shared fiduciary responsibility allow employees of small organizations to access greater benefits. Smaller organizations benefit by providing an attractive benefits package to hire and retain top talent, as well as lowering plan administrative fees overall.
How does The 403(b) PEP stand out as an industry leader?
In addition to the exceptional benefits provided by three industry-leading retirement plan service providers – Voya, National Benefit Service, and PlanPILOT – The 403(b) stands out among pooled employer plans because of our knowledgeable team. Your plan will join The 403(b) with the skilled assistance of our consultant team. This team brings decades of experience in managing plan changes as well as an unparalleled historical knowledge of the field of retirement plan fiduciary compliance. Your plan will receive the greatest care in joining The 403(b) PEP, and your team will experience reduced administrative complexity in managing the retirement plan.
What features does The 403(b) PEP provide plan participants?
We provide a diverse selection of investment options, including target-date funds, index funds, actively managed strategies, and access to broader market opportunities, ensuring a comprehensive approach to meet varying participant needs and objectives. From an education perspective, we are able to offer an individual service approach that will enhance employee understanding and appreciation of their retirement plan.
If my plan is currently with Voya, what does that mean if I’d like to join the PEP?
Joining the 403(b) PEP if your plan is already with Voya is simple and effective, with a streamlined process and timeline to convert your active plan to the PEP. Plan Sponsors maintain their current Voya login and passwords on the recordkeeping platform to view plan level information and reports. Participants also maintain their current login and passwords to view their retirement plan accounts and make desired changes.
How do I learn more?
Feel free to contact your school’s association membership to find out more about the services we are already providing schools in your district. You can also contact us directly by leaving your information below, or tell us more about how we can help you on our Ask An Expert page.