Aon Pooled Employer Plan Reaches $2 Billion in U.S. Plan Assets and Commitments
Today, the
"Participants are benefiting from a higher performing, more efficient 401(k) program, with employees able to accumulate up to 11 percent more retirement savings during their career due to lower fees,*" said
Within the
From the employer perspective, pooled employer plans reduce staff time and resources dedicated to plan management, compliance and governance. PEPs may also potentially reduce fiduciary risks for employers and provide high-quality retirement planning for beneficiaries.
"Moving to a pooled employer plan is the future of 401(k) benefits," said
"The
To read more information about the
*The performance modeling shows a hypothetical employee participating in the
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