Offering your employees benefits makes you competitive. But benefits can be expensive. The Minnesota Chamber and Securian Financial formed a strategic alliance to offer high-quality, affordable solutions to help you compete. Pooled Employer Plans (PEPs) are retirement plans that bring down cost by allowing multiple employers to participate. These plans help streamline administration and allow for better investment access for smaller businesses that was previously only achievable for large-scale employers.
Benefits:
- More time to focus on business needs
- Assurance that fiduciary responsibilities are met and the plan is compliant
- Protection of plan assets
- Economies of scale allow for better pricing and investment access
- Single 5500 and audit for all adopting employers saving you time and money
- Access to financial investment expertise for your employees