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Administration April 8, 2003
Bank of Hawaii Taps BISYS For Balance Forward Plans
August 4, 2003 (PLANSPONSOR.com) - The Bank of
Hawaii has selected BISYS to offer administrative and
recordkeeping services for the firm's balance forward
retirement plans.
Reported by Eric Hazard
BISYS will support approximately 170 balance forward plans and their more than 2,500 plan participants, with a suite of services, including:
- contribution processing
- periodic account valuation
- participant statement generation
- sponsor reporting
- non-discrimination and compliance testing
- distribution processing.
The deal further expands BISYS’ relationship with the Bank of Hawaii. During the past decade, BISYS has supported the Bank of Hawaii and its Pacific Capital mutual funds with an accounting, administration, and distribution solution.