Envision A Different Kind Of Retirement Solution
SBAM understands what small businesses dislike about 401(k) plans – the cost, the time and really not understanding their fiduciary responsibilities. The SECURE Act now allows employers from all industries and sizes to band together to create a new type of retirement plan: Pooled Employer Plan (PEP). Employers may now participate in a PEP instead of sponsoring a traditional 401(k) plan.
The SBAM Pooled Employer Retirement Plan powered by TAG Resources, Transamerica, and Graystone Consulting solves the challenges small businesses face when offering a retirement plan. The SBAM PEP is cost effective and outsources administration and liability to reduce your fiduciary risk.