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Strive Launches 401(k) Solution, Expanding Its Shareholder-Focused Offerings | Strive Asset Management
February 15th, 2024
Strive Asset Management (“Strive”), a leading provider of shareholder-focused investment solutions, has announced a new pooled employer retirement plan. The Dublin-based company’s Strive Pooled Employer Plan (“Strive PEP”) allows employers to offer a customized 401(k) plan specific to their company’s needs that provides pooled employer plan benefits while allowing their employees to enjoy Strive’s investment philosophy of putting shareholders first.
As states increasingly pass legislation mandating that businesses provide retirement benefits, the Strive PEP emerges as an alternative to proposed state-sponsored plans and more costly traditional single employer 401(k) plans, giving businesses small and large a solution that is unapologetically pro-fiduciary and competitive with plans offered by large corporations.