401kDirect Introduces 401(k) Plan with Advice

February 21, 2006 (PLANSPONSOR.com) - 401kDirect has introduced a new retirement plan product for 401(k) financial professionals designed for companies seeking financial advisor guidance and/or investment advice for their plan and employees.

According to the announcement, the product is designed to provide financial professionals with greater flexibility and numerous options when customizing retirement plans for clients of varying needs.   The DirectK is an open architecture program offering exchange-traded funds (ETFs), collective investment funds (CIFs) and over 12,000 mutual funds representing all of the major fund families and asset classes.

In addition, 401kDirect’s “Total Solution” matrix provides an array of financial advisor support tools with full service online set-up, plan design, record keeping, compliance and transaction management services, the announcement said.   Its web-based “self service” model allows plan participants to direct and manage their own accounts.

For more information, visit www.401k-direct.com .