The Standard is Selected to Roll Out the intellicents intelli(k) PEP

PORTLAND, Ore.--(BUSINESS WIRE)--Advisory firm intellicents has selected The Standard to roll out its intelli(k) pooled employer plan, or PEP. The intelli(k) PEP offers a scalable solution for businesses with broad and flexible design capabilities.

With a PEP, employers can outsource certain tasks to a plan provider to help reduce their administrative burden and fiduciary obligations, allowing more time to focus on things that affect participant outcomes.

“We are thrilled to work with intellicents to offer the intelli(k) PEP, which perfectly complements the organization’s ‘over-serve the underserved’ mission,” said Steve Chappell, vice president of retirement plan sales distribution at The Standard. “The program is unique in that it’s packaged with intellisteps worksite financial planning for all participants, which aligns with improving the availability of quality, affordable retirement plans to American workers.”

The intelli(k) PEP handles both fiduciary and administrative responsibilities by removing the client from the role of plan sponsor. It bundles 3(38) investment governance and 3(16) administrative governance into a seamless packaged solution, allowing employers to upgrade offerings to employees while adding layers of fiduciary protection for the business.

“We are seeing a lot of interest across all market segments in learning more about the benefits of joining a PEP,” said Grant Arends, co-founder and president of retirement services at intellicents. “Whether you are an existing client or a prospect, have an existing plan or are starting a new plan, the intelli(k) PEP is a cost-effective, timesaving and results-oriented option for all plan sponsors to consider.”

Learn more about intelli(k).

About The Standard

The Standard is a family of businesses dedicated to helping our customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial products and services for groups and individuals. Our products include group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on Facebook or LinkedIn.

The Standard has more than 85 years of dedicated experience in retirement plans on a national scale. The company has a long history of designing, administering and providing investment options for 401(k), profit sharing, money purchase, 403(b), PEP, 457 and defined benefit plans. Clients include corporations, government agencies and nonprofits in numerous industries.

The Standard is the marketing name for StanCorp Financial Group, Inc., and its subsidiaries. StanCorp Equities, Inc., member FINRA, wholesales a group annuity contract issued by Standard Insurance Company and a mutual fund trust platform for retirement plans. Standard Retirement Services, Inc., provides financial recordkeeping and plan administrative services. StanCorp Equities, Inc., Standard Insurance Company and Standard Retirement Services, Inc., are subsidiaries of StanCorp Financial Group, Inc., and all are Oregon corporations. The Standard is not affiliated with intellicents.

About intellicents

Advisory firm intellicents is reimagining financial services for employers and individuals. The organization is paving a smarter way for American workers and their employers through fiduciary retirement plan services for plan sponsors and participants, personal financial management, corporate financial wellness, planning services and group insurance consulting.

Headquartered in Eden Prairie, Minnesota, intellicents serves more than 350 employers and more than 51,000 participants, with more than $4.5 billion in retirement and another $1 billion in personal financial planning assets under management and advisement. The organization also has branch offices in Albert Lea, Minnesota; Pella and Lake Mills, Iowa; Overland Park and Lawrence, Kansas; Tacoma, Washington; Golden, Colorado; Southlake, Texas; and Cleveland, Ohio.

Learn more about intellicents.