RMS EasyPlan is a Pooled Employer Plan (PEP) designed to help small to mid-sized businesses offer a high-quality retirement plan without the high costs, heavy administrative burden, or fiduciary risks of managing one on their own.

A PEP allows multiple unrelated employers to participate in one retirement plan. This structure reduces administrative workload, lowers costs through economies of scale, and provides access to professional fiduciary services.

Not all PEPs are created equal. RMS EasyPlan offers:

• Independent fiduciary oversight with no conflicts of interest
• Flexible plan design to meet each business’s unique needs
• Transparent pricing and no hidden fees
• Dedicated service teams for both employers and advisors
• Cutting-edge technology for plan management and participant engagement

It’s ideal for employers who:

• Have limited administrative, HR, or financial resources
• Are concerned about fiduciary liability
• Want to improve investment or administrative costs
• Are part of a Professional Employer Organization (PEO)
• Don’t currently offer a retirement plan but want to start one with minimal complexity

MassMutual serves as the 3(38) Investment Manager, providing a high-quality investment lineup that includes:

• Target Date Funds (e.g., American Funds series)
• Low-cost index funds (e.g., Fidelity, Vanguard)
• Select actively managed funds in certain asset classes

• Access Retirement Solutions – Plan sponsor & named fiduciary of the PEP
• Alerus – Pooled Plan Provider, 3(16) Administrator, Recordkeeper, Trustee
• MassMutual – 3(38) Investment Manager

This structure means employers offload most legal, fiduciary, and administrative responsibilities to experienced professionals.

Employers don’t have to manage audits, 5500 filings, notices, distributions, or day-to-day plan operations. Employers also get a dedicated retirement plan administrator and a support team for ongoing service.

Participants get access to:

• Guided Enrollment – interactive online enrollment experience
• My Alerus – a financial wellness platform
• Mobile app for account access and transactions
• Education and retirement readiness tools to help them stay on track

Because RMS EasyPlan leverages economies of scale, employers often pay less than they would for a standalone plan. Costs vary by the number of participants and selected features.

Yes. Our team will help you transition your current plan into RMS EasyPlan with minimal disruption for you and your employees.

Most businesses can be fully set up in as little as 30 days, depending on payroll integration and plan customization. RMS EasyPlan simplifies the account opening process with only six pages required to have an adopting employer join the PEP.