The Benefit Services Division will provide third-party administration services including:
- an Internet application connecting plan sponsors to the recordkeeper. This allows submission of ongoing administrative data such as contributions and census application that reformats incoming data to comply with the recordkeeper’s standard layouts
- project management, development and implementation
- outsourcing processes offshore from simple transaction processing to complex reconciliation and support to call centers.
Also announced was the appointment of a former Citistreet vice president, John Bertelsen, to run its new Benefit Services Division.
For more information about the South Plainfield, New Jersey company, check its Web site .