Gallagher 401(k) Choice Pooled Solutions^SM

With Gallagher 401(k) Choice Pooled Solutions^SM, small business owners can design a plan that best suits their needs: Either 401(k) Group Retirement Plans or the 401(k) Choice Pooled Employer Plan^SM.

We make it easy by offering employers a flexible suite of recordkeeping, administrative, fiduciary and investment management services. Backed by industry professionals and flexible enough to accommodate the needs of businesses of all sizes, adopting employers can benefit from:

• Reduced administrative costs compared to single employer 401(k) plans
• Investment services and selections that make the most sense for their employees
• Reduced fiduciary risk

Great alternative to state-mandated plans

Nineteen states already mandate certain employers to offer retirement plans or require their employees to enroll in state-run programs. Several other states have proposed legislation for retirement plan mandates. Is your state one of them?

Reduce 90% of your administration tasks with our one contract

Attract and retain talented employees with this unique benefit

Employees and employers both agree that a competitive retirement package is a top consideration when evaluating their total rewards package. But only 27% of employees were confident in their ability to save enough to cover expenses in retirement, and 61% think they could get a better retirement package with another employer.* Stay competitive with a retirement plan solution that grows with you.

Source

*"Saving for Retirement: Employee and Employer Attitudes Towards Retirement Benefits," Buck, A Gallagher Company, 2023. PDF file.

Disclaimer

The Choice Pooled Solution℠ is not a traditional multiple employer plan (MEP). Unlike a traditional MEP, certain plan qualification and ERISA requirements are applied at the individual plan/participating employer level. Pooled employer plans (PEPs) are a new type of multiple employer plan for which the Department of Labor (DOL) and IRS guidance is still pending in a number of areas. An employer participating in the plan retains certain fiduciary responsibilities, including responsibility for selecting and monitoring the 3(16) plan administrator as well as the Pooled Plan Provider (PPP), for determining the reasonableness of service providers' fees, and for periodically reviewing the plan as a whole. Among other responsibilities, the PPP acts as the 3(16) plan fiduciary (or delegates another entity to serve in such capacity). Transamerica does not act as a 3(16) plan fiduciary.

Information regarding retirement plans is general and is not intended as legal or tax advice. Retirement plans are complex, and the federal and state laws or regulations on which they are based vary for each type of plan and are subject to change. In addition, some products, investment vehicles, and services may not be available or appropriate in all workplace savings plans. Plan sponsors and plan administrators may wish to seek the advice of legal counsel or a tax professional to address their specific situations.

TRANSAMERICA PYRAMID LOGO is a service mark of Transamerica Corporation. Administrative Group, LLC dba TAG, is a wholly owned subsidiary of Transamerica, but there are no other affiliations between the two and any other organization referenced herein. Logos and trademarks are the intellectual property of their respective owners.

Choice Pooled Solutions^SM, Choice Pooled Employer Plan^SM, and Choice PEP^SM are service marks of Transamerica Corporation.

This material was created to provide information on the subjects covered, but should not be regarded as a complete analysis of these subjects. The information provided cannot take into account all the various factors that may affect your particular situation. The services of an appropriate professional should be sought regarding before acting upon any information or recommendation contained herein to discuss the suitability of the information/recommendation for your specific situation.

Gallagher Fiduciary Advisors, LLC ("GFA") is an SEC Registered Investment Advisor that provides retirement, investment advisory, discretionary/named and independent fiduciary services. GFA is a limited liability company with Gallagher Benefit Services, Inc. as its single member. GFA may pay referral fees or other remuneration to employees of AJG or its affiliates or to independent contractors; such payments do not change our fee. Neither Arthur J. Gallagher & Co., GFA, their affiliates nor representatives provide accounting, legal or tax advice.

Securities may be offered through Triad Advisors, LLC ("Triad"), member FINRA/SIPC. Triad is separately owned and other entities and/or marketing names, products or services referenced here are independent of Triad. Neither Triad nor their affiliates nor representatives provide accounting, legal or tax advice. Review the Triad Form CRS.

As a Registered Investment Advisor, Gallagher Fiduciary Advisors, LLC is required to file Form ADV Part I and Part 2A with the SEC. Part 2A of Form ADV contains information about our business operations for the use of clients. A copy of the Form ADV Part 2A can be requested by contacting the Gallagher Fiduciary Advisors, LLC Compliance Department.

For compliance-related questions about our investment advisory services or to request the most current version of this relationship summary, please review our Client Relationship Summary or call (212) 918-9685.