Oceanside Chamber of Commerce
401(k) Solution - Pooled Employer Plan
Powered by Fiduciary Freedom PEP
401(k) Solution - Pooled Employer Plan
Powered by Fiduciary Freedom PEP
The Oceanside Chamber 401(k) Plan, a Pooled Employer Plan (PEP)...
California Law Requires Retirement Plans for Small Businesses (with 5+ employees). Learn how we can help minimize your risk, responsibility and liability.
California Law Requires Retirement Plans for Small Businesses (with 5+ employees). Learn how we can help minimize your risk, responsibility and liability.
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Save Time and Money with our Pooled Employer Plan!
A Pooled Employer Plan (PEP) is a collaborative 401(k) retirement plan that allows diverse businesses to join forces within a single plan, managed by a Pooled Plan Provider (PPP). This unique arrangement provides pricing concessions and services that are otherwise unavailable with a standalone retirement plan.
A few areas where you'll save time and money include...
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Did you Know?
Every 3 years at a minimum businesses are required to benchmark their retirement plan to see how it compares. For businesses with existing 401(k) plans, this is a great opportunity to compare a PEP Plan to a Single Employer 401(k), while also meeting that regulatory requirement.
Pooled Employer Plans:
the Power of a 401(k) Without the Cost or Headache of an Individual Plan
Every 3 years at a minimum businesses are required to benchmark their retirement plan to see how it compares. For businesses with existing 401(k) plans, this is a great opportunity to compare a PEP Plan to a Single Employer 401(k), while also meeting that regulatory requirement.
Pooled Employer Plans:
the Power of a 401(k) Without the Cost or Headache of an Individual Plan
By joining the Oceanside Chamber 401(k) Plan, you are able to provide your employees with a powerful retirement plan, help save money and spend less time administering it. From a government reporting standpoint, Pooled Employer Plans like the Oceanside Chamber 401(k) Plan, are treated like a single large plan.
The end result for you is a plan with competitive investments, outstanding service, and someone else doing a majority of the plan maintenance.
By joining the Oceanside Chamber 401(k) Plan, you are able to provide your employees with a powerful retirement plan, help save money and spend less time administering it. From a government reporting standpoint, Pooled Employer Plans like the Oceanside Chamber 401(k) Plan, are treated like a single large plan.
The end result for you is a plan with competitive investments, outstanding service, and someone else doing a majority of the plan maintenance.
6 Reasons You Should Join the Oceanside Chamber 401(k) Plan
No Annual Audit
No Individual Form 5500 Reporting
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Minimal Plan Maintenance
Flexible Features, Including:
Matching Contributions, Safe Harbor, Roth and Profit-sharing |
Cost Savings on the Investments
Customizable 401(K) Plan Design Options
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Leverage the Experience of Ameriprise, Local Leaders in Retirement Planning Services
When you join the Oceanside Chamber 401(k) Plan, you’ll not only benefit from the reduced cost and compliance burdens of administering a 401(k). You’ll also leverage the expertise and capabilities of Ameriprise the local leaders in retirement plans. You’ll have a team of independent fee-based fiduciary advisors responsible for the plan’s due diligence: investment monitoring and due diligence, investment choice additions and deletions, and retirement plan review. This is done in tandem with Freedom Fiduciaries. As an adopting employer, your primary responsibilities will be uploading payroll files and collecting year-end census information. |
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Join the Oceanside Chamber 401(k) Plan Today
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1. Schedule a Plan Design Evaluation
Talk with an advisor from Ameriprise to learn more about the Oceanside Chamber 401(k) Plan. We’ll work with you on a no-cost evaluation to see if joining a Pooled Employer Plan is a good fit for your business. 2. Join the plan
We’ve made joining the plan as simple as possible. We’ll work with you to complete the required paperwork and set up or transfer your existing plan to the Oceanside Chamber 401(k) Plan. 3. Focus On your business
As a participant in a Pooled Employer Plan, you’ll spend less time and money administering your company’s retirement plan, giving you the freedom to focus on growing your business and retaining your employees. |
