Aon PEP hits $2 billion in assets

I joke that you will hear many announcements about pooled employer plans starting, but very little on them amassing plan assets. So here is one Pooled Employer Plan (PEP) that has. Aon announced that its pooled employer plan, Aon PEP, has reached $2 billion in 401(k) assets under administration and commitments since its inception in 2021.

Over the past year, assets in the PEP for which Aon serves as the pooled plan provider have doubled, as it reached $1 billion in assets in October 2022. Aon PEP has more than 70 adopting employers and more than 50,000 employees.

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