Effective immediately, ICC Plan Solutions will be known as Matrix Communications Technologies, according to the announcement. The acquisition will allow Matrix Financial Solutions to provide end-to-end solutions, in an open architecture environment for third-party administrators (TPAs), advisers, and other professionals in the retirement plan industry.
Matrix Communications Technologies will specialize in providing communication materials and systems, and will work as a consultant to the adviser, recordkeeper, or plan administrator to help solve the challenges of participant communications through the use of technology and electronic delivery.
Products and services offered by Matrix Communications Technologies include:
- Enrollment Kits,
- Participant Statements,
- Health Plan and HSA Enrollment Kits,
- GAP and Wealth Accumulation Analysis,
- Reporting System Design,
- Enrollment Videos,
- Benefit Statements, and
- Collateral Materials.
“Being able to come to us for end-to-end solutions will save [clients] an inordinate amount of time and money. We are interested in enabling our TPA clients to better compete with the bundled providers; this is a significant step in the right direction,” said Stewart Cohune, President, MG Advisory, a Matrix Financial Solutions subsidiary, in the announcement.
More information is at www.matrixfinancialsolutions.com .