Qualified Plan Advisors, an Overland Park, Kansas-based retirement plan consulting firm has launched the Qualified Plan Advisors Pooled Employer Plan in partnership with Newport Group, a retirement plan services provider.
The PEP will help advisers assist clients in starting up new plans or growing plans, the company said in a release, but it won’t be limited to small plans.
“The QPA PEP will be available nationwide for employers of all sizes who desire additional fiduciary protections and fewer plan administrative responsibilities,” according to the release.
The announcement noted that the PEP will include adviser managed accounts as part of its hybrid qualified default investment alternative structure.
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