Author: rosalindbrack94

Independent Operational Fiduciary Launches Its First Pooled Employer Plan

 Group Plan Systems, LLC (GPS), an independent operational fiduciary for employer-sponsored retirement plans, has signed an agreement with JULY Business Services (JULY) to serve as recordkeeper and third-party administrator to a Pooled Employer Plan (PEP) for which GPS will serve as the Pooled Plan Provider (PPP). “After nearly 18 months of due diligence, we are eager to launch our first PEP with JULY,” said Pete Swisher, a Managing Partner of GPS. “We are confident that their compliance infrastructure and operations are well-designed and will provide a solid foundation from which GPS can oversee plan operations in a prudent manner.” While ... Read more