Payentry Financial Services offers a suite of retirement plan options with access to an extensive menu of index and actively managed mutual funds.
Our deep retirement services knowledge in conjunction with our low-cost retirement plan options make Payentry Financial Services a superior advisory choice.
Pooled Employer Plans (PEPs) were created under
the Secure Act passed by Congress in December 2019
to enable businesses to pool resources together in order to gain a retirement savings tool with lower costs.
PEPs provide significant benefits to companies
including:
Our Individual Retirement Account (IRA) option is simple to set up and operate for any size employer for a small annual fee. There are no filing requirements or employer contributions required in this plan. Employees can choose to contribute to this plan along with other retirement savings contributions.
The ease of setting up a recurring payroll deduction makes participating easy for employees.
Some benefits include:
Typical 401(k) plans charge fees across several layers of providers including: payment to the third party administrators, retail investments, and brokers.
We have established relationships across the investment landscape to lower these fees for employers and employees. Our plans charge low flat fee pricing and no commissions.