Less fiduciary risk: Leave the fiduciary responsibilities to us! This way participating employers are not subject to the same level of liability. Peppermint maintains the highest professional standards in administering the plan.
Potential savings: Pooling investments from several organizations into one large group means each employer has a smaller initial cost to launch their retirement plan. The pool also helps to reduce administrative costs over the life of the plan.
Participating in a PEP may give you up to $15,000 in tax credits over 3 years. Consult your tax advisor to determine credits.
Less manpower for plan administration: As the Pooled Plan Provider (PPP), peppermint oversees plan launch, operations, notifications, filings, enrollment, and other duties. Peppermint is perfect for employers that need a plan that has its own administration.
Attract and retain top talent: 401k options are a major reason why employees decide to work for a new company or continue to serve their current one. It shows that you care about your staff, and it gives them peace of mind knowing they are on the road to retirement.
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