
Pooled Employer Plans (PEP)
A PEP is a way for a smaller 401k plan to “pool” their investments with other businesses in an effort to improve the buying power of the plan as well as spread administrative costs over a wider base.
A PEP is a way for a smaller 401k plan to “pool” their investments with other businesses in an effort to improve the buying power of the plan as well as spread administrative costs over a wider base.
Josh Null and Will Steih jump back into the Deep Fried podcast studio to provide some timely financial topics and tax deferral concepts for our listeners as we enter the 4th quarter.
In this episode, hosts Josh Null and Will Steih discuss 401k plans from a business owner's perspective. They discuss if there is a best time of the year to offer a plan to your employees and how the Secure Act changed some of the filing deadlines starting with the 2020 plan year. They also discuss the benefits of having a 401k plan for attracting and retaining employees, especially in a tight labor market.
In this episode hosts Will Steih and Josh Null welcome Lee Lawson, the President and CEO of the Baldwin County Economic Development Alliance (BCEDA) to answer these questions and so much more. Lee gives insight to his role in bringing jobs and opportunities to the growing population of Baldwin County, plus provides a behind the scenes look to why his organization, and Baldwin County, have been so successful.
In this episode, hosts Will Steih and Josh Null discuss the impact of inflation and interest rates, particularly the current threat of rising inflation, and what it means to different groups of borrowers, investors and business owners.