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INDEPENDENT ADVISOR – Do business your way

An Easy, Flexible 401(k) for Your Business

EveryoneSaves: Your 401(k) Solution

Smart Business Sense

Rather than sponsoring your own retirement plan, become an adopting employer of the EveryoneSaves™ Pooled Employer Plan (PEP) and receive all the benefits enjoyed by the largest companies, with a lot less work.

Administrative Support

We do all the day-to-day heavy lifting, so you have the time to focus on your business.

Consolidation Government Reporting

A single 5500 and audit are filed at the PEP level, so you don’t have to!

Better Value

We negotiate great pricing and top-notch services from the best retirement providers available. 

Fiduciary Support

Our structure provides a level of protection to you and your business against lawsuits, operational errors, and DOL and IRS audits.

Open Architecture Investment Platform

With unrestricted access to all the major fund families, our investment menu reflects the most appropriate option within each asset category.

Getting Started Is as Easy as 1-2-3

We review your corporate structure, provide specialist advice on plan design and regulatory issues, and prepare your legal plan documents.

We plan a communication strategy for your new retirement plan that may include on-site visits, webinars, and customized marketing materials.

Any existing retirement plan and related data is transferred to the EveryoneSaves PEP. We will obtain approval, notify your participants, and re-invest your transfer.

 

Flexible Plan Design Options

Eligibility Timing

You choose how quickly you want your employees to participate in the plan.

Enrollment Experience

Our educational, intuitive enrollment experience is designed to meet your employees wherever they are on their financial journeys.

Safe Harbor Design

If you have failed 401(k) nondiscrimination tests in the past, a Safe Harbor design may be for you. 

Employer Contributions

Each adopting employer gets to decide whether to make employer contributions to the plan, and if so, how much. 

Vesting Schedule

Your vesting schedule determines how quickly your employees “own” the money you put into the plan.

A Team of Retirement Plan Experts

Investment Manager

Retirement Plan Advisors (RPA) is an independent registered investment advisor, specializing in providing objective investment advice to defined contribution plans and participants. RPA brings decades of experience advising employer-sponsored retirement plan assets and serves as the PEP 3(38) fiduciary investment manager and managed account provider.

Recordkeeper and Third-Party Administrator 

As the third-party administrator and recordkeeper for EveryoneSaves, Ameritas performs all compliance testing, prepares government filing reports, provides participant education, and is responsible for all plan operations.

Plan Administrator

As the Pooled Plan Provider, Group Plan Systems (GPS) leads the team as the named fiduciary and plan administrator under ERISA Sections 402(a) and 3(16), providing their extensive retirement plan expertise and fiduciary oversight.

Custodian

Charles Schwab Trust Bank custodies your plan assets and processes all trading instructions. Using an open-architecture custodian allows us access to an array of investment vehicles, including low-cost options, to help participants achieve their retirement goals.

Frequently Asked Questions

We’ve compiled the most common questions below to help you learn more about EveryoneSaves and the transition process.

A pooled employer plan (PEP) is a qualified retirement savings plan that is sponsored by a Pooled Plan Provider. Other companies join the plan as adopting employers. The PEP is considered a single plan from the perspective of the IRS and Department of Labor so only one Form 5500 is needed for the whole plan. Each adopting employer, however, is able to customize their plan adoption for their own employees, selecting eligibility standards, matching rates, or profit-sharing allocations.

PEP adopters find many benefits of joining. For audit-sized plans, adopting employers are not solely responsible for the entire costs of the plan audit, so that can save companies a lot of money. Employers also benefit from the economies of scale and purchasing power of the larger PEP. This allows adopting employers to access less expensive share classes of plan investments. Adopting employers are also able to off-load a lot of business risk when they choose to participate in a PEP rather than sponsor their own plan. Adopting employers are not the named Plan Fiduciary, allowing them to outsource those associated risks and responsibilities to a Pooled Plan Provider.

Retirement Plan Advisors (RPA) serves as the 3(38) discretionary investment manager, responsible for selecting and monitoring the plan’s investment menu.

Yes! Adopting employers can elect to make self-directed brokerage accounts available.

Yes! Participants can schedule individual meetings with your financial professional.

For prospective adopters, questions should be routed to the Ameritas sales team at LetsConnect@Ameritas.com or to your financial professional.

If you are new to a 401(k) plan, Ameritas can have your startup running in around 45 days from the execution of an adoption agreement. For existing plans, mergers can be completed on average in 60-90 days.

Your PEP is structured to allow flexibility in plan design for individual adopters. Our in-house plan consultants will perform a due diligence and design comparison analysis to ensure all benefits may carry over. Generally, we are able to accommodate existing plan designs with little to no modifications.

Yes. Adopting employers must still carry their own Fidelity bond. Please consult with your plan’s financial professional for more information.

Advisory services offered through Retirement Plan Advisors, LLC, a Registered Investment Adviser. Cambridge owns EveryoneSaves, a pooled employer plan. Cambridge is a partial owner of Retirement Plan Advisors, LLC. Ameritas, Charles Schwab, and Group Plan Systems are not affiliated with Cambridge or Retirement Plan Advisors.