The Standard Surpasses $2 Billion Milestone in PEP Assets

PORTLAND, Ore.--(BUSINESS WIRE)--The Standard announced the company has surpassed $2 billion in pooled employer retirement plan assets under administration.

“We are honored and excited to surpass the $2 billion milestone for PEP assets,” said Steve Chappell, vice president of distribution in Retirement Plans at The Standard. “Our advisors trust our PEP solution to help their clients focus on their most important tasks while providing the fiduciary management and administrative outsourcing they need for their retirement plan.”

Employers are busier than ever and eagerly seeking relief. Simultaneously, plan advisors are under increasing pressure to enhance scale and efficiency to minimize fees while continuing to grow. These factors created an environment for The Standard’s PEP solution, which can be privately labeled by plan advisors to be quickly embraced by both employers and plan advisors. The result is more efficient advisor teams and employers enjoying significant relief from plan administration and fiduciary responsibilities.

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 and administering investment options for 401(k), profit sharing, money purchase, 403(b), MEP/PEP, 457 and defined benefit plans. Clients include corporations, government agencies and nonprofit organizations in a wide range of industries.

Learn more about PEPs.

About The Standard

The Standard is a family of companies dedicated to helping customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management and paid family leave services, retirement plans products and services and annuities for employers and individuals. For more information about The Standard, visit standard.com and follow us on LinkedIn.

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 administration services. Investment advisory services are provided by StanCorp Investment Advisers, Inc., a registered investment advisor. StanCorp Equities, Inc., Standard Insurance Company, Standard Retirement Services, Inc., and StanCorp Investment Advisers, Inc., are subsidiaries of StanCorp Financial Group, Inc., and all are Oregon corporations.