AIG’s contribution to the partnership will bring Gevity clients a variety of services including financial education, retirement account analysis, asset allocation modeling and personal cash flow, according to a news release.
Transamerica will add administration, recordkeeping, compliance, and participant services for Gevity’s multiple employer 401(k) clientele. Additionally, through Transamerica, clients and participants will have access to services that include:
- plan design consultations
- enrollment support
- sponsor and participant Web sites
- participant education materials.
Once the transition is complete in September, Gevity’s 401(k) plan will also offer a broader range of investment options via Transamerica. Among the fund families being offered are Strong, American Funds, Oppenheimer, and Franklin Templeton.
More information can be found at the company Web site www.gevityhr.com .