The summary offers a picture of vested account balance, asset allocation percentages, monthly plan benefit (if applicable), and a net asset value (NAV) summary that allows present mutual fund NAVs for a specified date range.
Participants can also request a PIN change online, as well as request a copy of the Summary Plan Description.
The online version is an extension of a paper-based version of the statement introduced in October. The service is also available through NYLB’s subscription e-mail service.
For more information about this new service, contact New York Life at firstname.lastname@example.org .