Hub Retirement and Private Wealth, a division of Hub International Ltd., announced the launch of HUB Retirement Select PEP, a pooled employer plan (PEP) designed for theiur clients with less than 100 employees seeking to offer 401(k) retirement plans.

Sallus Retirement, the independent pooled plan provider, will serve as the Pooled Plan Provider, and Ubiquity Retirement + Savings will be the recordkeeper/administrator, according to the announcement.

The PEP will be a new option for Hub’s national network of retirement plan and wealth advisers.

This new PEP joins Hub’s Retirement Select 100+ PEP, launched last year for employers with more than 100 employees.