PEPs or “Pooled Employer Plans” group various employers together into one large retirement plan. Stand-alone 401ks treat each business as an individual, but PEP’s employers make up one large group, which means less upfront investment and less risk throughout the life of the plan. The other great thing about peppermint is that we are the Pooled Plan Provider (PPP), meaning we take care of all the administration, so our businesses don’t have to take on additional paperwork or tasks. All of which makes it easier for SMBs and Startups to offer great employee retirement options.

TLDR: PEP means faster enrollment, less investment, risk, and administration!