Monthly Archives: October 2023

Ascensus said it will begin offering the Ascensus American Funds Pooled Employer Plan on its independent, open-architecture recordkeeping platform beginning in spring 2024. The new investment solution is focused on creating a unique portfolio that matches a participant’s financial needs … Continue reading →

Ameritas has announced a new pooled employer plan (PEP) for organizations sponsoring ERISA 403(b) plans. The 403(b) PEP is a retirement plan where instead of a nonprofit sponsoring their own plan, they can become an adopting employer. This removes many … Continue reading →

intellicents has selected The Standard to roll intelli(k) PEP, which is a pooled employer plan that offers a solution for businesses with broad and flexible design capabilities. The intelli(k) PEP bundles 3(38) investment governance and 3(16) administrative governance into a … Continue reading →

Thanks to litigation, the Securities and Exchange Commission will likely approve a few Bitcoin-centric exchange-traded funds. That begs the question, will those ETFs be allowed as investments within 401(k) plans? My answer: probably yes. ETFs eliminate some of the issues … Continue reading →

It was harmless and I still think 15 years later, it was always harmless. Working at that semi-prestigious law firm, I reached out to former clients of mine that I worked with, at a third-party administration (TPA) firm. My old … Continue reading →

It’s a fairly simple rule: if a father owns 100% of a business, the son is considered as owning it as well, thanks to the rules of attribution. Yet, people get that wrong. They either get it wrong because they’re … Continue reading →

My latest article for JDSupra.com can be found here.

My latest article for JDSupra.com can be found here.

I believe selling Pooled Employer Plans to those with existing plans, can be tough. Cost savings may be minimal, but I don’t think many plan sponsors may be aware of the reduction in liability by no longer being fiduciaries. Even … Continue reading →

I loved Oppenheimer, probably one of my favorite movies of all time. One line I love was: “They won’t fear it until they understand it and they won’t understand it until they’ve used it.” That was J. Robert Oppenheimer saying … Continue reading →