Pooled workplace plans

Pooled plans that reduce complexity

Workplace solutions with support for administration, oversight, and employee experience.

Small business owner with a dashboard showing a pooled workplace retirement plan, workplace retirement account, and tax-advantaged health account balances.

Flexible pooled workplace plan types

Whether your client is looking for 401(k), 403(b), or another Defined Contribution plan, Empower works with you to choose and design a plan that fits their business and their employees — and helps put it in place.

PEP

Pooled employer plan

Multiple unrelated employers participate under one pooled plan.

MEP

Multiple employer plan

Multiple employers related by a group or association participate under one pooled plan. 

PEO

Professional employer organization

Employers partner with a plan offered by a company that manages human resources, payroll, and benefits.

PEPs: Rethinking your role in a changing model

Take a look at how a PEP can transform a plan and help administer it more efficiently.

Video: Pooled employer plans—the next evolution of retirement plans.

The PEP model has transformed how we grow our business — allowing us to serve industries that have historically been overlooked while delivering a more efficient, scalable solution. Most importantly, it’s helping bring retirement coverage to employees who otherwise wouldn’t have access.

Tom Krusic, Consultant2

June 2024

Bringing it all together

A full suite of pooled plan benefits in one simplified solution. Expand your offering to include Empower's suite.

Chart. Support for each stage.
Plan sponsor and advisor meeting to review retirement plan performance, participant outcomes, and plan optimization strategies.

Here to help you navigate what's next