TAG Exchange- Choice PEP Template 1 Video Lead

THE POWER OF CHOICE AT YOUR FINGERTIPS

The [Program Name] Choice Pooled Solutions

WHAT IS IT?

The [Program Name] Choice Pooled Solutions powered by Transamerica and TAG Resources revolutionizes retirement planning in the industry, providing a comprehensive two-in-one pooled solution that gives clients a variety of options. Whatever size business you have, the [Program Name] Choice Pooled Solutions offers plans tailored to uniquely meet your needs while providing competitive pricing that generally goes hand-in-hand with large-scale setups. Plus, our fiduciary outsourcing allows employers to concentrate on their business growth and development without worrying about the day-to-day administration of their retirement plans.

The flexibility to meet your needs

The [PROGRAM NAME] Choice Pooled Solutions product set consists of two plan configurations: the 401(k) Retirement Plan Exchange® and the Choice Pooled Employer Plan℠ (PEP).

COMPARING YOUR OPTIONS

FLIP ME

THE EXCHANGE SOLUTION®

The Retirement Plan Exchange allows individual sponsors to select from a menu of cost-effective options to build a single employer retirement plan and configure a support team.

THE EXCHANGE SOLUTION®

Individual plan sponsors choose from menu of cost-effective options to build retirement plan
Form 5500 filed individually per plan
Typically, best suited for smaller businesses and organizations

FLIP ME

THE CHOICE PEP℠

The Choice PEP treats the plans of multiple unrelated employers as one large plan and allows employers to choose from two cost-effective investment platform options.

THE CHOICE PEP℠

Treats multiple plans as one large plan
Sponsored by a Pooled Plan Provider (PPP)
PPP handles administration and oversight
Files one combined Form 5500 for the PEP
Large plans benefit from reduced audit costs• Your choice of 3(38) investment managers

The [Program Name] Choice Pooled Solutions takes on over 90% of your Administrative Responsibilities

YOUR RESPONSIBILITIES WITHOUT The [Program Name] Choice Pooled Solutions

[3(38) Investment Manager Appointment]
402(g) Limit Reporting
404(a)(5) Notice Distribution
404(c) Notice Distribution
408(b)(2) Notice Distribution
Annual Discrimination &
Coverage Testing
Annual Fee Negotiations
With Vendors
Audit Completion Support
Audit Firm Hiring & Monitoring
Auto Enrollment Notice Distribution
Beneficiary Designation Form Maintenance
Beneficiary Determinations
Blackout Notice Distribution
Census Review
Corrective Distributions
Death Benefit Approval
Distribution Reporting
DOL and IRS Issue
Resolution Assistance
Eligibility Calculations
Eligibility Notifications

Employer Contribution Monitoring
Plan Document Preparation
ERISA Bond Review
Error Correction Monitoring
Fiduciary Insurance
Coverage Review
Force Out Processing
Form 5330 Preparation
Form 5500 Preparation,
Signing, & Filing
Form 8955 Preparation,
Signing, & Filing
Fund Change Notice Distribution
Hardship Withdrawal Approval
Loan Approval & Reporting
Loan Default Monitoring
Loan Policy Administration
Lost Earnings Calculations
Participant Enrollment Assistance
Payroll Aggregation
Payroll File Aggregation
Plan Design Review
Plan Document Preparation
& Archiving
Plan Irregularity Notification

QDIA Notice Distribution
QDRO Determinations
& Reporting
Quarterly Investment
Review Meetings
Rate Change Monitoring
& Reporting
Required Minimum Distributions
Safe Harbor Notice Distribution
SAR Production & Distribution
SMM Notice Distribution
SPD Production & Distribution
Spousal Consent Approvals
Termination Date Verification
& Maintenance
Termination Withdrawal Approval
Trustee Duties
Review & Process Payroll Files
Vesting Verification & Tracking
Year End Data Collection
& Review

YOUR RESPONSIBILITIES WITH The [Program Name] choice pooled solutions

An employer who sponsors a retirement plan for their employees has overriding fiduciary responsibility for the plan. This solution allows the employer to outsource that responsibility to the highest degree.

The bottom line:

Employers can focus on their business rather than running a retirement plan

ADVANTAGES

The Advantages of The [Program Name] Choice Pooled Solutions

5 Advantages with the [Program Name] Choice Pooled Solutions

Compliant

Employers don’t want fines or penalties. TAG Resources processes are developed to administer plans to be DOL and IRS compliant.

Well Known Providers

Employers want to work with industry leaders. The [Program Name] combines industry-leading professional service providers for “end-to-end” retirement plan oversight, including robust tools and resources for employees.

Make It Simple

Employers don’t want to be 401(k)/403(b) experts. TAG Resources oversees plan set-up, implementation, monitoring, enrollment, and other duties.

Fiduciary Protection

Employers don’t want to be at risk. By shifting administrative and certain named fiduciary duties to [TPA], employers can mitigate the most defined legal obligations and responsibilities.

Cost Effective

Employers don’t want to overpay. The [Program Name] is built on a pooled pricing model and often costs less than other programs offering fewer comprehensive services.

A DEDICATED TEAM BEHIND The [Program Name] Choice Pooled Solutions

MEET THE TEAM

[PROGRAM NAME]

[About the sponsoring employer]

Website

RECORDKEEPER

TRANSAMERICA

Transamerica is an industry-leading recordkeeper with over 20 years of experience with pooled arrangements. Their time-tested recordkeeping technology offers a proven infrastructure allowing for pooled arrangements, ensuring a plan will be administered successfully and accurately for the plan participant’s transition to retirement.

Website

[FINANCIAL ADVISOR ]

[FA NAME]

[ABOUT THE FA]

Contact

PLAN ADMINISTRATOR TYPE 3(16) & 402(A)

TAG RESOURCES

Website

INVESTMENT MANAGER

[INVESTMENT MANAGER]

As the named ERISA 3(38) Investment Fiduciary in the plan document, the Investment Manager is responsible for the selection and monitoring of the funds in the investment menu in accordance with the Investment Policy Statement for the plan. TAG Resources works with leading global providers of investment services staffed by research professionals, many of whom have hands-on fund management experience and the human capital, technology, and experience to manage investment risk and return outcomes.

Wesbite

PPP

[CHOICE PEP ONLY] This whole block is removable.

Smart Retire

Smart Retirement Solutions, Inc (SRS) is a subsidiary of Smart, a global savings and investments technology provider. Its mission is to transform retirement, savings, and financial well-being, across all generations, around the world. Smart, founded in the UK, operates in the USA, Europe, Australia, and the Middle East with over a million savers and over $5 billion in assets. SRS has a history of fiduciary oversight internationally. SRS’s global parent company has managed the Smart Pension Master Trust in the UK since 2015, a structure very similar to a PEP. The Board of Trustees of the Master Trust is the UK equivalent of the PPP. The Board selects, monitors, and oversees the service providers to the plan and is accountable to the Pensions Regulator.

Wesbite

DRIVING PARTICIPANT SUCCESS

At any time, employers are easily integrated, enrolled, and tracked in the Transamerica platform.

PARTICIPANT EXPERIENCE

Transamerica equips participants with a comprehensive retirement experience that grants insights into their financial future. Powered by Morningstar’s sophisticated methodology, the Your Retirement Outlook® app simplifies complex investments and guides particpants toward achieving their personalized income goals in retirement. Using simple weather icons, the app shows participants if their current investment strategy is likely to produce the income they’re seeking in retirement.

Years of pooled plan experience

As of December 31, 2022

Plan Sponsors

Adopting employers

[PROGRAM NAME]

Contact Us

Let Us Tell You More. Contact Us Now.

info@[programname].com

Phone

555-555-5555