The Standard Surpasses $5 Billion Milestone in PEP Assets

The Standard Surpasses $5 Billion Milestone in PEP Assets

The growth represents demand for streamlined retirement plan administration and fiduciary support.

Standard Insurance Company (The Standard) announced that it has surpassed $5 billion in pooled employer plan assets under administration.

Catch more HRTech Insights: HRTech Interview with Emma Lavelle, Chief Operating Officer, UneeQ

“Our PEP asset growth reflects strong market momentum and increasing demand for our approach,” said Steve Chappell, assistant vice president of retirement plan sales at The Standard.

“Our PEP asset growth reflects strong market momentum and increasing demand for our approach,” said Steve Chappell, assistant vice president of retirement plan sales at The Standard. “Advisors rely on our fully integrated PEP solution to help clients focus on their priorities while receiving the fiduciary management and administrative support needed to manage their retirement plans.”

Leader in PEP solutions

As one of the first PEP providers, The Standard built a fully integrated solution designed to simplify plan management by combining key fiduciary, administrative and recordkeeping responsibilities within a single-provider relationship.

Through this approach, The Standard creates a unified infrastructure with clear accountability for participating employers and advisors. This structure also allows advisors to focus their efforts on providing high-level strategic support to their clients and spend less time on plan administration tasks.

Established under the SECURE Act, PEPs allow for multiple unrelated employers to participate in a single retirement plan. These employers can delegate most administrative and fiduciary responsibilities to a pooled plan provider as well as investment selection and monitoring to an investment manager. Research from The Standard shows that 83% of employers with a PEP are satisfied with the experience, citing simplified and streamlined plan management as the top benefit.1

Read More on Hrtech : Agentic HR: Can AI Become a Workforce Strategist Instead of Just an Automation Tool?

[To share your insights with us, please write to psen@itechseries.com ]

The post The Standard Surpasses $5 Billion Milestone in PEP Assets appeared first on TecHR.



Comments

Post a Comment

Popular posts from this blog

HRTech Interview With Jeet Mukerji, CEO at Kinfolk

Image
Jeet Mukerji, CEO at Kinfolk, shares more about the platform’s recent funding and what’s making waves in modern HRtech in this Q&A with HRTech Series:   _________ Hi Jeet take us through the story and journey behind Kinfolk and tell us about your recent funding? My co-founder Kim and I never set out to start an “HR tech” company. We were just interested in answering: “how do you help people do their best work, and remove the day-to-day friction that gets in the way. Every company has it. Leave requests, payroll questions, policy lookups, access issues, employment letters, updating information. Small things individually, but constant, and it really adds up as a company grows. We started noticing this pattern when we were both managers ourselves. The same kinds of questions and operational tasks kept surfacing. And when we spoke to HR leaders, we heard the same thing again and again: huge amounts of time going into coordination work – preventing that team from doing what th...
Read more

Phenom Announces Next-Gen Applied AI Innovations at IAMPHENOM India 2025, Empowering Organisations to Transform the Talent Journey

Image
IAMPHENOM India 2025 brought together CHROs, CIOs, industry leaders for keynotes, customer spotlights and roundtables on applied AI across hiring, onboarding, internal mobility and talent management Phenom expands latest AI agents for hiring, work redesign, frontline scheduling and fraud-proof interviewing in India Phenom , a leader in applied AI that helps organisations hire faster, develop better and retain longer, today announced a suite of its advanced applied AI innovations for HR at  IAMP HENOM India 2025  in  Bengaluru . This marks a significant step in modernising how Indian enterprises attract, develop and retain talent across both knowledge and frontline roles. Built on Phenom X+ Ontologies, these products adapt to industry nuances, the distinct needs of knowledge workers and frontline teams, and regulatory requirements. Traditional talent approaches have created persistent gaps where strategic priorities do not translate into...
Read more

Mindcore Technologies Launches Secure Workspace Solution to Support Florida’s Hybrid Workforce

Image
Mindcore launches Secure Workspace across Florida to help hybrid teams stay secure, compliant, and productive with zero-trust, VDI, and full audit controls. As hybrid and remote work become the new norm, Mindcore Technologies has unveiled its Secure Workspace Solutions platform—powered by Tehama technology—to help Florida businesses stay secure, compliant, and productive in the modern work era. Secure Workspace Solutions provide cloud-based digital environments with built-in Zero Trust Network Access (ZTNA), Virtual Desktop Infrastructure (VDI), and endpoint protection. Employees can work from anywhere, while organizations maintain full control over access, monitoring, and data governance. “Our platform was built for speed, security, and simplicity,” said Matt Rosenthal, CEO of Mindcore Technologies. “In regions like Florida, where businesses are scaling rapidly and embracing hybrid models, Secure Workspace helps them grow safely—without the overhead of large IT departments.” A S...
Read more