We Are Driven By Our Values
The vision of The 403(b) PEP plan is to simplify and enhance retirement savings options for nonprofit organizations and their employees.
Shaping our creative blueprint from zero sparked discovery of the values driving our purpose.
To measure the success of The 403(b) Pooled Employer Plan (PEP), we evaluate both quantitative and qualitative factors. These measures help assess whether the PEP achieves its objectives of streamlining retirement plan administration, reducing costs, improving participant outcomes, and ensuring compliance.
We measure our success by:
01
Participant Outcomes
- Retirement Readiness: We track success through improved participant savings rates and enhanced investment outcomes, ensuring individuals are on track for financial security and confident retirement planning.
- Employee Engagement: Our success is measured by the effectiveness of education and communication, gauged through employee feedback, workshop attendance, and digital engagement metrics, fostering a more informed workforce.
02
Administrative Efficiency
- Regulatory Compliance: We help plan sponsors navigate complex IRS and Department of Labor (DOL) requirements, ensuring full compliance with all relevant regulations and minimizing fiduciary risk to employers.
- Error Reduction: With the centralized administration of the The 403(b) PEP, your retirement plan team will see a decrease in compliance and administrative errors.
- Simplified Processes: We reduce administrative burdens for participating employers by offering efficient, effective, and trusted solutions designed to simplify the management of your retirement plan.
03
Cost Effectiveness
- Fee Reductions: We strive to utilize the influence of The 403(b) PEP to help you lower plan administration fees, investment fees, and overall cost per participant due to economies of scale.
- Cost Comparisons: We compare the costs of fees and expenses with traditional standalone 403(b) plans or competing PEPs to give you an industry-leading benchmark.
04
Investment Performance
- Investment Returns: Our dedicated team of analysts tracks performance of default and other investment options compared to benchmarks and peer groups to keep our plan on track.
- Range of Offerings: Our goal is to offer the widest availability of diverse and competitive investment options for participants possible.
05
Plan Participation Metrics
- Participation Rate: We strive to engage every one of our clients’ eligible participants, no matter what size their contribution or balance.
- Auto-Enrollment Success: We choose to take the responsibility of electing to save for retirement off of participants as much possible by supporting plan sponsors in offering auto-enrollment features.
06
Plan Sponsor Engagement
- Employer Feedback: Your insights are at the core of our improvement process. It’s our top priority KPI, guiding our actions to deliver value, address diverse needs, build trust, and achieve excellence in everything we do.
- No Higher Goal: Your satisfaction is at the heart of everything we do. It drives our dedication to delivering exceptional services, making your happiness and confidence in us the ultimate goal we strive to achieve every day.
07
Long-Term Sustainability
- Plan Longevity: We prioritize plan longevity by fostering continued participation and growth, ensuring your retirement plan remains robust and effective, providing lasting benefits for employees and supporting the long-term growth of your organization.
- Participant Satisfaction: We consistently receive positive feedback from participants regarding the ease of use, clear communication, and overall value of the PEP, enhancing their retirement experience.
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