SECURE 2.0 allowed 403(b) Pooled Employer Plans (PEPs), and the first to the market is being launched by The Platinum 401k, Inc., a Florida based third party administration firm and ERISA 3(16) Plan Administrator.

Voya Financial, Inc. will serve as the recordkeeper for the new PEP, which will provide a pooled plan option specifically to 501(c)(3) nonprofit organizations and healthcare-related entities.

The new PEP will have LeafHouse Financial as the ERISA 3(38) Investment Manager; Plan Compliance Services, Inc., an affiliate of The Platinum 401k, Inc., as the ERISA 3(16) plan administrator and Pooled Plan Provider; and Voya serving as the plan recordkeeper.