'Front-end' systems rescue plan sponsors from 401(k) administration burdens

Article Abstract:

Front-end systems are valuable tools for plan administration. These allow the employer to perform plan maintenance responsibilities efficiently and cost effectively. Onsite 401(k) software programs, as they may be referred to, perform daily valuation functions by a different sequence from the traditional method. These feature payroll reconciliation within a few hours and streamlined loan processing. Moreover, front-end systems avoid duplicate data entry and transaction delays.

Software, Salary reduction savings plans, 401K plans

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Video vs. print: the lopsided war facing plan sponsors

Article Abstract:

The emergence of the television generation has made the task of plan sponsors in informing and educating participants more difficult. Relying mostly on the printed word to get their message across to an audience highly enamored with television, plan sponsors need to make their communications more entertaining as well as informative. This way, they will be able to catch the attention of the television generation.

Column, Telecommunications systems, Influence, Employee benefits, Television

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In a nutshell, plan sponsors are gravitating to alliances

Article Abstract:

Financial service alliances, a combination of traditional and one-stop shopping approaches, provide plan sponsors with flexibility and concentration on quality service. The traditional approach which employs the search method in selecting investment service providers is generally used by large plan sponsors. Some plan sponsors employ one-stop shopping for convenience and minimization of corporate expenses.

Investment offices, not elsewhere classified, Management, Cover Story, Mutual funds, Institutional investments

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