Your Recordkeeper Matters
The recordkeeping system employed by your 401(k) plan will control almost
every other aspect of the plan. For example, if the system does not offer daily
valuation then timely reporting becomes virtually impossible. If your plan employs
a system that is proprietary to a given mutual fund or insurance company, then the
selection of investment options will be determined by that vendor. If the recordkeeping
system is not designed to generate administrative reports or interface with plan
administration systems then the time and effort required to administer the plan
will be greater, as will the cost of plan compliance.
Most 401(k) plan related recordkeeping systems are designed to perform
a single function, daily valuation or plan administration, for example. Our recordkeeping
system is very unique in that it was designed with a thorough knowledge of all aspects
of the plan. The logistics of investments, the requirements of plan compliance and
the demands of communicating with both participants and the plan sponsor are all
integrated into a single system.
our systems can
value just about anything with a share price or documentable value. This means the
investments you offer within your plan may be selected entirely on their merit. An ESOP or company stock purchase plan can be included. The only
limitation on the number of investment options you can offer is the number that
will fit on our statements. We can custom design that for you too, and in most cases,
for no additional charge.
Recordkeeping is everything when it comes to providing a superior retirement
program. Our recordkeeping system is second to none.
If you would like more information or you would like us to call
you please e-mail us at: Client Services