The campaign demonstrates to financial advisers how to use clients’ Form 5500 to help them identify potential problems with their 401(k) plans, according to a press release. As part of the campaign, The Hartford created a brochure that takes advisers through each step necessary to complete Form 5500 and provides tips for improving existing plans, enhancing service, and educating participants.
Contact information is included so advisers can get assistance with customized prospecting reports, review Form 5500 filings with the Internal Revenue Service, and schedule a meeting with one of The Hartford’s 94 retirement sales directors.
The Form 5500 must be filed annually by employers to record operational and financial information about their 401(k) plan, including data on employee contributions, participation levels, and how assets within the plan are invested.
More information is at www.thehartford.com .