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DOL Issues Interpretive Guidance and RFI on Pooled Employer Plans (PEPs)
Thomson Reuters Practical Law
[Guidance Overview] July 30, 2025 "The DOL explained ... that if the pooled plan provider delegates plan investment and management to an investment manager, the investment manager (rather than the employer participating in the PEP) is responsible for prudently selecting investments and managing the plan. The pooled plan provider would be responsible for selecting and monitoring the investment manager.... The guidance also included fiduciary tips to help small employers who are considering participating in a PEP." MORE >> |
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