The Progress and Future of PEP Construction and Regulation

by PETE SWISHER | April 29th, 2021

The pandemic has delayed construction of pooled employer plans (PEPs) by at least a few months, but the building continues, as do the efforts of the Executive branch to publish anticipated guidance about compensation, conflicts of interest, registration of pooled plan providers (PPPs), spinoffs of “bad apple” employers, and other topics of interest to the builders of PEPs and other multiple employer plans (MEPs). This column identifies and explains the key regulatory issues and how they will shape the future of the industry.

GPS Launches its First PEP

Independent operational fiduciary Group Plan Systems, LLC has signed an agreement with JULY Business Services to serve as recordkeeper and third-party administrator to a Pooled Employer Plan (PEP) for which GPS will serve as the Pooled Plan Provider (PPP).

Bitcoin for Fiduciaries – Part 2

As the market action makes us wonder if Crypto Winter is Coming, now may be a good time to check out “Bitcoin for Fiduciaries,” my last two columns for Journal of Pension Benefits.

Bitcoin for Fiduciaries – Part 1

As the market action makes us wonder if Crypto Winter is Coming, now may be a good time to check out “Bitcoin for Fiduciaries,” my last two columns for Journal of Pension Benefits.

A Rumor of the Death of GoPs

The retirement industry got two new plan types via the SECURE Act—pooled employer plans (PEPs) and “groups of plans” (GoPs). But proposed regulations issued on Sept. 14 might effectively kill the GoP provision as a useful product tool.

GETTING OUT, PART 1

A criticism of multiple
employer plans (MEPs) in
years gone by was that they
were like Hotel California—
you could check out, but you
could never leave. For the most…