You’ve Heard of a PEP. Here’s What It Means for Your Plan.

Many employers have heard of a PEP. Far fewer know what it actually means for their plan—or whether it may be the right fit. Join Jerry Cicalese of Sentinel and guest expert Jeff Atwell of AmericanTCS for a practical, conversational introduction to how a PEP works and what employers should understand before considering a change. 

The session opens with how a PEP is structured and how it differs from a single-employer plan. A practical look at responsibilities clarifies what remains with the employer and what the provider arrangement may handle. We’ll close with a straightforward way to assess fit before considering a transition. 

• What a PEP is, who it may fit, and when it may not be the right choice. 
• How responsibilities are shared, including the employer’s role in payroll, plan administration, and the pooled-plan audit. 
• What to expect at a high level during transition, with time for audience questions. 

Sentinel Group is a brand used by affiliated entities. AmericanTCS Fiduciary Services, LLC, through its FiduciaryxChange offering, is expected to serve as the PEP’s pooled plan provider, named fiduciary, and plan administrator. Sentinel Benefits Group, LLC is expected to provide recordkeeping, TPA, and specified delegated administrative services; Sentinel Pension Advisors, LLC is expected to serve as the ERISA section 3(38) investment manager, if elected. These proposed roles and delegations are subject to the final plan documents and written agreements. Employers retain responsibilities, including prudent selection and monitoring of the PEP and its providers. 

This webinar is for general educational purposes only; it is not individualized investment, legal, or tax advice or a recommendation to take a specific course of action. A PEP may not be appropriate for every employer. Services and costs vary. Any cost examples are illustrative only; actual costs may differ, and savings are not guaranteed.