In a news release the Campbell, California-based provider said the new offering has four pre-screened investment portfolios based on standard fiduciary criteria and investment fund credits paid back to the plan. Within the 4 MAX Plan investment portfolios, plan sponsors can choose from hundreds of mutual funds and collective investment funds.
According to the announcement, the investment portfolios are structured so that the adviser and plan sponsor can determine the revenue paid back to the plan and figure out the overall out of pocket cost to the plan sponsor and participants.
401kDIRECT said the product’s key features are:
- Customized Plan Document;
- 24-hour Adviser, Plan Sponsor, and Participant access through Web and VRS;
- Compliance Testing and 5500 Preparation; and
- Dedicated Client Relationship Manager.
More information is available by contacting Laura Arocha at firstname.lastname@example.org or by calling 800-571-5104 ext.112.