RMS EasyPlan

RMS EasyPlan allows for unrelated employers to join the same retirement plan and build out economies of scale for the adopting employers.

Streamlined Fiduciary Protection
RMS EasyPlan minimizes work and maximizes fiduciary protection for the business and its leaders. This puts the business in the passenger seat of 401(k) administration, which is one of the biggest evolutions to occur in the retirement plan industry since 401(k)’s were written into code.

Partnership Power
As part of the RMS EasyPlan structure, and in partnership with Access Retirement and MassMutual, we take on many of the fiduciary duties an employer would be responsible for in its own standalone plan.

Shared Responsibilty
While the employers remain responsible for things like the decision to join and remain in the PEP, uploading timely and accurate employee data, and remitting plan contributions, Alerus serves as a named fiduciary and Plan Administrator and takes responsibility for things like the day-to-day administration of the Plan and the related reporting and disclosure obligations.

Big Plan Experience
RMS EasyPlan offers flexible plan design, and investment funds from reputable fund providers as selected by MassMutual, allowing smaller employers to have the “big plan” experience.

Effortless Opening
RMS EasyPlan simplifies the account opening process with only six pages required to have an adopting employer join the PEP.