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ADP®'s New Save4Retirement Pooled Employer Plan Cuts Cost and Complexity
ADP®'s New Save4Retirement Pooled Employer Plan Cuts Cost and Complexity PR Newswire...
About this update from Adelphi Metals Inc.
[{"type":"text","content":"ADP®'s New Save4Retirement Pooled Employer Plan Cuts Cost and Complexity\n\n\nADP®'s New Save4Retirement Pooled Employer Plan Cuts Cost and Complexity\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nPR Newswire\n\n\nEmployers gain scale-driven cost savings, reduced administrative work, and lower fiduciary risk with professional investment oversight\nStreamlined Plan Administration: Shifts significant administrative and audit responsibilities from employers to the pooled plan provider reducing fiduciary risk.Cost Effective: Spreads plan costs among participating employers lowering plan expensesAdvisor-Centric Approach: Independent RIAs retain a central advisory role and can manage multiple clients on a single platform.One Simplified Experience: One integrated platform for your payroll, HR, benefits and retirement plan to drive efficiency.ROSELAND, N.J., Dec. 10, 2025 /PRNewswire/ -- ADP (Nasdaq: ADP) today launched the Save4Retirement Pooled Employer Plan (PEP), a retirement plan that allows multiple unrelated employers to join a single, professionally managed 401(k) structure that consolidates administration and shifts key administrative fiduciary responsibilities to a pooled plan provider.\n\"Employers continue to look for ways to offer robust retirement plan benefits without adding administrative burden or fiduciary exposure,\" said Chris Magno, senior vice president and general manager, ADP Retirement Services. \"Our new Pooled Employer Plan brings together scale, integration, and fiduciary support, giving investment advisors a flexible structure to help their clients manage plan costs while offering a well-governed retirement plan.\"\nReduced Administrative Work and Fiduciary Liability\nPentegra is the pooled plan provider for Save4Retirement PEP and responsible for the primary administrative fiduciary responsibilities which includes authorizing distributions, reviewing and approving annual compliance tests – as well as filing a Form 5500 and plan audit. This moves considerable administrative tasks from employers to the...