Envision A Different Kind Of Retirement Solution
SBAM understands what small businesses hate 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 for what small businesses hate the most about their retirement plan. The SBAM PEP is cost effective and outsources administration and liability. Program pricing is inclusive of 3(16) and 3(38) fiduciary services.