-

New Research Links Pooled Employer Plans and Higher Plan Satisfaction

PORTLAND, Ore.--(BUSINESS WIRE)--According to independent research sponsored by The Standard, employers are more satisfied with their retirement plan after joining a pooled employer plan, also known as a PEP. A 2025 survey showed that 83% of employers expressed satisfaction with their PEP experience, with a 26% increase in satisfaction after joining the PEP. The top two reasons cited for improved PEP satisfaction were ease of plan management and cost savings.

"The results validated our belief — PEPs create value for employers and their advisors above that of standalone plans.”

Share

The research also showed a 40% increase in satisfaction with the retirement plan’s advisor after joining a PEP. “PEPs have been in the marketplace for a few years, so the time was right to ask employers about their experience with this solution,” said Steve Chappell, vice president of distribution in Retirement Plans at The Standard. “The independent research team surveyed employers from across industries who use a variety of providers. The results validated our belief — PEPs create value for employers and their advisors above that of standalone plans.”

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 a variety of plans — 401(k), profit sharing, money purchase, 403(b), MEP/PEP, 457 and defined benefit. Clients include corporations, government agencies and nonprofit organizations in a wide range of industries. The Standard recently announced that it reached $2 billion in PEP assets under management.

Learn more about the research at https://www.standard.com/brokers-advisors/retirement/retirement-plan-insights/peps-are-win-research-shows.

This research was based on the results of an online survey of 300 employee benefits decision-makers at mid-sized U.S. companies. Survey responses were collected by Burke, Inc., from Jan. 3, 2025, through Jan. 26, 2025, in compliance with the ISO 20252 standard for market, opinion and social research by Burke, Inc.

Burke is the first full-service marketing research firm to achieve ISO 27001 certification awarded through CIRQ, a subsidiary of the Insights Association in collaboration with PECB, the provider of audit and certification services. ISO 27001 is the internationally recognized gold standard for information security.

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 and Instagram.

Contacts

Melissa Wilmot
The Standard
melissa.wilmot@standard.com
971.403.6984

The Standard

Details
Headquarters: Portland, OR
CEO: Dan McMillan
Employees: 5,232
Organization: PRI

Release Versions

Contacts

Melissa Wilmot
The Standard
melissa.wilmot@standard.com
971.403.6984

Social Media Profiles
More News From The Standard

The Standard Promotes Kevin Sherry to Assistant Vice President and Treasurer

PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company (The Standard) announced today that Kevin Sherry has been promoted to assistant vice president and treasurer. In this role, Sherry provides leadership and strategic oversight for The Standard’s treasury operations including banking structure, liquidity management and financial risk mitigation. Sherry joined The Standard in 2002 as a claim examiner in Employee Benefits. He worked in several roles there before transferring to Corporate F...

The Standard Promotes Laxman Prakash to Senior Vice President of IT Infrastructure and Chief Information Security Officer

PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company (The Standard) announced today that Laxman Prakash has been promoted to senior vice president of IT Infrastructure and chief information security officer. In this role, Prakash is responsible for leading the company’s IT infrastructure organization while embedding security into all aspects of infrastructure design, operations and governance. Prakash joined The Standard in 2011 as director of Information Security and Business Continuity...

The Standard Names Rob Kerscher Regional Vice President in Retirement Plans

PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company (The Standard) welcomes Rob Kerscher as a regional vice president in Retirement Plans. In this role, he will collaborate with advisors, plan sponsors and third-party administrators within an assigned territory in Ohio, Kentucky and West Virginia. “Rob’s extensive experience and proven track record in serving retirement clients and advisors make him an ideal fit for The Standard,” said Kevin Mannino, divisional vice president at The Sta...
Back to Newsroom