Fidelity Spiffs Up Plan Sponsor WebStation

January 13, 2004 ( - Fidelity Investments has put a little spit-and-polish on its Plan Sponsor WebStation, providing plan sponsors with more control over their defined contribution, defined benefit, employee stock and health and welfare plans serviced by Fidelity.

The modifications bolster the site’s capabilities, which include detailed data management, extensive reporting capabilities, investment performance information, online sponsor support services and administrative processes.   Additionally, the WebStation enhancement integrates the management and recordkeeping for each Fidelity-serviced plan on one platform, giving sponsors control through a single point of access, according to a news release.

Among the improvements are a new “Training and Support” area, including reference guides to the Web site’s processes and functions, online workshops about management tools, and alerts regarding upcoming platform enhancements.

Also, Fidelity added enhancements to stock plan report allowing plan sponsor to better analyze their own employee stock plan’s statistics and participant trends.    Now, in addition to monthly reports, plan sponsors can now retrieve and sort employee stock plan information based on 150 data points across five categories:

  • Participant
  • Option/Restricted Stock Award Grants
  • Option/Restricted Stock Award Transactions,
  • Stock Purchase Plan Enrollment/Contributions
  • Stock Purchase Plan Share Purchases.

All of this comes in addition to new site features that offer consolidated participant information and centralized access to reporting.