The system is designed to offer clients the ability to access key retirement plan documents anywhere and anytime via the cloud.
Each client is provided with a “document vault” that is specific to their company’s retirement plan and manages documents such as quarterly investment reports, plan reviews, benchmarking reports, documented plan projects and educational materials. Clients can use the system to search for specific content across Word documents, Powerpoint presentations, PDF files and emails. They can also share documents and collaborate with others through the system.
The Employer Document Vault includes a built-in backup, document restore features, and local device caching for offline mode.
“We designed our new document vault to be an enterprise-level collaborative tool for plan sponsors to engage plan documentation, rather than a simple online repository. The enhanced functionality allows us to work with our clients in the cloud in real time, while offering traditional document storage capabilities,” says Troy Hammond, president and CEO of Pensionmark in Santa Barbara, California.
Pensionmark Retirement Group provides retirement specialists on defined contribution and defined benefit retirement plans, as well as executive and deferred compensation plans.