401(K)
Picking the right retirement provider for your business is more important today than ever before. As many large asset managers support stakeholder focused policies and deprioritize the shareholder — impacting both employees’ financial returns and businesses as a whole — the Strive Pooled Employer Plan (PEP) offers access to a wide array of investment products, including the full suite of Strive products that share one consistent theme: always prioritizing the actual shareholders, who are your employees in a 401k plan.
Inquire to learn more about the Strive PEP and give your employees the benefit of a shareholder-focused asset manager.
PUTTING YOUR EMPLOYEES AND COMPANY FIRST
The Strive PEP lets businesses, small and large, offer a 401(k) plan to their employees that partners retirement industry service providers — who boast over 150 years of combined experience —with Strive's investment philosophy of prioritizing shareholder value maximization.
Business owners can be assured that we only use our voice and vote to advocate for shareholders — not to push agendas that can destroy value by adding unnecessary costs that may trickle down to them.
STRIVE PEP BENEFITS
Along with our unapologetic support of shareholders, members receive:
RISK
MANAGEMENT
MANAGEMENT
EASY
ADMINISTRATION
ADMINISTRATION
EMPLOYER/
EMPLOYEE EDUCATION
EMPLOYEE EDUCATION
PLAN DESIGN FLEXIBILITY
STRIVE PEP PARTNERS
HOW STAKEHOLDER CAPITALISM IMPACTS SMALL- AND MEDIUM-SIZED COMPANIES
In addition to potentially suppressing financial returns of employees' investment accounts (see our Why Strive? page to learn more), support for stakeholder capitalism can impact companies of all sizes, regardless of if they are public or private. One of the ways is through business constraints that go beyond the law, such as shareholder mandated Scope 3 emissions reductions. Implemented through shareholder proposals, which have received support from the largest asset managers, Scope 3 requires public companies to disclose and reduce their carbon emissions throughout their entire supply chain. Small- and medium-sized companies who work with these larger public companies are then required to take on the added costs or risk losing contracts. Another frequent stakeholder-focused proposal that yields a similar trickle-down result is requiring private companies to reach set hiring quotas based on immutable characteristics, which can be costly and are often unachievable. Additionally, many stakeholder-pushing firms have supported proposals that allow for debanking and restricting capital to companies based solely on their industry, not the credit risk of the business.
