Merrill Unveils Web Site Upgrade

May 1, 2002 ( - Plan sponsors and participants in retirement plans at Merrill Lynch can now get broader access to plan information from the company's Web site, the company announced.

Merrill said the site, Benefits OnLine, now offers a range of transaction capabilities including:

  • enrollments,
  • investment allocations,
  • distributions,
  • rollovers, and
  • self-directed brokerage activities

Further, participants in Merrill’s retirement plans can access:

  • stock market data,
  • retirement and investment management planning tools,
  • enhanced analytical tools allowing sponsors to run and then store plan reports,
  • a database of plan historical information including statements, transaction confirmation and other historical documents
  • a redesigned home page featuring frequently used information, and
  • an enhanced education section about distribution and rollover services

Plan sponsors can use the site to update employee data in real time to speed up plan transaction processing.