ICS Pooled Employer 401(k) Plan

A simple way to offer an all-in-one retirement plan

Advantages of a PEP

Save Time
Submit Payroll & Census Data. ICS will do the rest.
Reduce Risk
Outsourcing almost all of your risk to ICS.
Low-Cost Option
Potentially benefit from the scale of a single large Plan.
Attract & Retain Employees
Stay competitive by offering an accessible high quality plan.

Considering the PEP?

Have our team send you a customized proposal.

What is a Pooled Employer Plan (PEP)?

A PEP is a new type of multiple-employer 401(k) plan that allows unrelated businesses to participate in a single 401(k) plan that is maintained by a Pooled Plan Provider (PPP). The PPP sponsors the 401(k) plan and handles all investing and operational duties for the participating employers. A PEP makes it easier for employers of all sizes to offer a 401(k) plan.

Fiduciary-Plan Task-table

Flexible Plan Provisions

Choosing a PEP 401(k) doesn’t mean that you need to give up flexibility when it comes to plan design. The ICS PEP lets participating employers choose from a wide variety of plan features so you can tailor your company’s 401(k) to the needs of your workforce. Some customizable provisions include:

  • Automatic enrollment
  • Automatic escalation
  • Eligibility criteria
  • Employer match
  • Profit-sharing contributions
  • Vesting
  • Loans
  • Safe Harbor contributions

Advantages of a PEP

Save time

By outsourcing the administration, recordkeeping, investment selection and monitoring, and daily operations of a 401(k) plan, employers free up valuable time to focus on growing their business.

Reduce fiduciary liability

Because administrative and investment fiduciary services are outsourced, employers that participate in the PEP are not subject to the same level of fiduciary liability as employers that maintain single employer 401(k) plans.

Low-cost option

Small 401(k) plans don’t have the cost savings benefits of larger plans. The PEP  allows small 401(k) plans, even new plans without assets, to immediately benefit from the scale of a single large plan. This can mean lower record-keeping, administrative, investment advisory, and investment management fees.

Attract and retain employees

Great companies need great people. Retirement benefits can be a deciding factor in a new employee’s decision to join a firm or an existing employee’s decision to stay. Stay competitive by offering an accessible, high quality, and easy-to-use retirement plan.

Why Investment Consulting Services?

The Investment Consulting Services Pooled Employer Plan (ICS PEP) is a flexible and cost-effective option for employers that want to provide a high-quality retirement benefit without the liability or administrative burden of a single employer 401(k) plan. Our PEP is designed to give participating employers control over many aspects of plan design while outsourcing the time-consuming operational and investment responsibilities. The ICS PEP allows employers the flexibility to design a 401(k) plan that works for their company while harnessing the benefits of a PEP.

Registered as the Investment Consulting Services Pooled Employer Plan with the Department of Labor.

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