Fidelity launches pooled employer plan
Fidelity Investments became the latest to register with the Department of Labor as a pooled plan provider. The PEP, which appears to target small businesses, could significantly boost the company’s presence in that market – the bulk of Fidelity’s defined-contribution plan business is with large employers.
The country’s biggest 401(k) provider is seeking to build out its business in the brand-new pooled employer plan market.
On Thursday, Fidelity Investments became the latest company to register with the Department of Labor as a pooled plan provider. The Fidelity PEP, which appears to target smal
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