Lincoln Financial Group is launching its FlexPEP(k) and FlexPEP(b), a pooled employer plan (PEP) solution for 401(k) and 403(b) plans.
Independent fiduciary services provider Smart Retirement Solutions, Inc. will serve as the pooled plan provider while Envestnet will work as the ERISA ยง3(38) fiduciary.
The FlexPEP(k) and FlexPEP(b) will include a full-service model, guaranteed income solutions, group plan discounts, and qualified default investment alternative (QDIA) options.