Pooled employer plans (PEPs) are unique. Unlike other open multiple employer plans (MEPs), PEPs are considered one plan for Form 5500 filing and audit purposes.
To assist plan auditors in understanding pooled employer plans (PEPs) and the potential complexities auditors should consider in determining whether to accept a PEP financial statement audit engagement, the Employee Benefit Plan Audit Quality Center and Employee Benefit Plans Expert Panel developed “Pooled employer plans (PEPs) special considerations” (download below).
In addition to describing the