Your total retirement solution.

Discover the Transamerica Edge in Retirement Planning

Streamline your Retirement Planning.

At Simco, we offer PEPs (Pooled Employer Plans), a retirement solution created by the SECURE Act in 2020. Our PEP offering is fully integrated with the isolved platform and streamlines retirement planning by pooling resources and administrative tasks. This reduces costs while enhancing benefits for employers and employees alike.

Ready to redefine your retirement planning strategy?

A Team Dedicated to Your Success

PEPs are orchestrated by a cadre of professional service firms, each bearing distinct fiduciary and administrative roles. Their allegiance is to uphold the highest standards of prudence, integrity, and undivided loyalty towards the retirement plan participants. The ensemble includes the Pooled Plan Provider (PPP), Plan Administrator 3(16), Recordkeeper, Financial Advisor, Third Party Administrator (TPA), Investment Manager 3(38), and Auditor. Each plays a pivotal role, ensuring the plan stays compliant, efficient, and beneficial to all stakeholders.

How Pooled Employer Plans Work

PEPs operate under the stewardship of a pooled plan provider (PPP), who takes on the mantle of plan administrator and fiduciary. When employers, referred to as "adopting employers", elect to join the PEP, they step into a defined contribution (DC) plan framework. This system facilitates seamless integration of adopting employers at any juncture, all under the meticulous tracking on the Transamerica platform.

Benefits of Pooled Employer Plans

The prowess of a pooled plan provider (PPP) in managing administrative and fiduciary tasks allows adopting employers to pivot their focus on burgeoning their business and catering to their employees' needs. Here's a glimpse into the myriad benefits adopting employers reap:


  • Administrative ease with PPP and 3(16) plan administrator steering most daily operations.
  • Diminished liability courtesy of professional plan administrators' fiduciary support.
  • Retention of customized plan features.
  • Guidance in investment selections and performance oversight.
  • Access to participant communications and plan support.
  • Time and potential cost savings compared to managing a standalone employer plan.
Tailoring Your Plan

With PEPs, flexibility meets functionality. The design of the plan is adaptable, catering to specialized record-keeping needs specific to each organization. This approach bolsters negotiating power while consolidating Form 5500 filings and potential audit requirements under the PPP, creating a streamlined administrative pathway.

Transamerica: Your Trusted Partner in Pooled Plans

With a rich legacy of over 85 years in retirement planning, Transamerica stands as a beacon of trust and innovation in the realm of pooled plan solutions. Our platform delivers a suite of administration reports, individual adopting-employer level plan reporting, flexible provisions, eligibility tracking, and unfettered online access for each adopting employer.

Enhancing Participant Engagement

At the heart of Transamerica's PEPs is a relentless commitment to driving brighter outcomes for participants. Our engagement program spans from enrollment to retirement, arming participants with personalized communications, digital tools, educational resources, and professional support. The Financial Wellness Center, Your Retirement Outlook®, and our user-friendly participant website and mobile app are all tailored to propel participants towards a secure and prosperous retirement.

Secure a future where both employers and employees thrive.

Retirement Planning, Simplified

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Why should you work with us?

Learn more about us.

At Simco, we understand that managing a business can be challenging, especially when you have limited time and resources. That's why we offer a full suite of solutions, including payroll/HCM technology, employee benefits, HR advisory services, commercial insurance, and 401k/retirement solutions, as well as personal insurance options. We take the time to understand your unique needs and tailor our services to meet them.


What sets us apart is our focus on seamless integration across all our service verticals. You'll work with a Client Success Manager who oversees all your needs and ensures all services, from HR and payroll to insurance and benefits, connect smoothly. Each business vertical also has dedicated account managers and HCM specialists that provide day-to-day client support.


At Simco, we’re committed to making things simpler for you. Whether it's staying compliant with regulations, proactively addressing business changes, or ensuring everything runs smoothly, our team is here to help. Let us be your trusted partner in optimizing your business operations, so you can focus on growth and success.

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We have a lot to say about Retirement

Recent Blog Posts.

New York State has Mandated Private Employers to Provide a Retirement Plan Option to their Employees

New York State has Mandated Private Employers to Provide a Retirement Plan Option to their Employees

By Elisha Everson • November 24, 2021
Everyone knows that saving for retirement is important! Historically, the choice to save for retirement has been solely up to the direction of employees. However, times are changing! Several states have begun to enact legislation to encourage employees to save for their retirement during their working years. As of October 21, 2021 New York joins California, Illinois, and Oregon in enacting such legislation. NY Governor Kathy Hochul signed into law a bill requiring certain private employers in NYS to auto-enroll their employees in the state administered retirement savings plan if they do not currently offer their own qualified retirement plan.