.jpg){kind=avatar}
Vestwell Elite — as the new PEP is called — combines multiple 401(k) plans into one professionally managed structure, reducing audit fees, simplifying compliance, and offloading fiduciary responsibility so more workers can access quality retirement plans, the firm explained in its announcement.
“Vestwell was built to expand access to savings across every segment of the market,” Vestwell Founder and CEO Aaron Schumm said in a statement. “Pooled Employer Plans are a powerful way to do that, bringing modern infrastructure, cost efficiency, and simplicity to employers of all sizes.”
https://www.napa-net.org/news/2025/10/vestwell-unveils-next-gen-pooled-employer-plan/
