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Companies considering a retirement plan have two primary options: a Single Employer 401(k) Plan or a Pooled Employer 401(k) Plan (PEP). Each option has advantages and disadvantages for plan administration, investment management, costs, and fiduciary responsibilities.

 

The views expressed here are those of Fred Reish. They should not be construed as investment advice or as the views of Hartford Funds or the employees of Hartford Funds. They are based on available information and are subject to change without notice. The information above is intended as general information and is not intended to provide, nor may it be construed as providing, tax, accounting, or legal advice. As with all matters of a tax or legal nature, please consult with your tax or legal counsel for advice. This material and/or its contents are current at the time of writing and may not be reproduced or distributed in whole or in part, for any purpose, without the express written consent of Fred Reish.

MFDC094 4408630

About The Author
Fred Reish Headshot
JD, Partner, Faegre Drinker Biddle & Reath LLP

Fred Reish is an ERISA attorney whose practice focuses on fiduciary responsibility, retirement income, and plan operational issues. He has been recognized as one of the “legends” of the retirement industry by both PLANADVISER magazine and PLANSPONSOR magazine.