401Konnect Beefs Up Larkspur's DataMaster Pro

November 17, 2003 (PLANSPONSOR.com) - Plan sponsors heading down the long 401(k) plan request for proposal road have a new tool to compare various plan options.

Larkspur Data and 401Konnect have teamed up to provide an enhancement to Larkspur Data’s DataMaster Pro. The new service will be offered by 401Konnect, free to all DataMaster Pro subscribers, and allow users to compare alternate vendors, with information on costs, fund options, and service capabilities, according to a news release.

This comes in addition to DataMaster Pro’s searchable database of nearly 1.4 million employee benefit plans nationwide.   The application is updated on a monthly basis with information gathered from a variety of sources, including call center data, corporate annual reports, Secretary of State filings and IRS Form 5500 data.   DataMaster Pro allows users to search the entire plan market by any combination of over 50 different criteria in an effort to locate, analyze and contact plans that need their help.