Report Allows Documenting of K Plan Due Dilligence

May 15, 2003 ( - Advisors looking for a way to document the investment due diligence they do for 401(k) plan sponsor clients may want to consider a new online product from PlanAnalytics, Inc.

The Mendota Heights, Minnesota-based PlanAnalytics, Inc., announced in a news release that it had unveiled the SearchPerformance Investment Policy Report. The company said that the new product more easily allows advisors to benchmark the investment work they perform for the plans on which they advise as well as a way to communicate that information to sponsors.

According to PlanAnalytics, SearchPerformance allows advisors to:

  • present clients with a complete picture of the due diligence that has been performed on their 401(k) investments. The report includes an executive summary, the Investment Dashboard, asset allocation summary, detailed fund fact sheets, and a glossary of terms.
  • choose between two deliverables for the Investment Policy Report: a PDF file to be customized for the plan sponsor and printed locally or professionally color printed and bound copies in quantities of five or more to be delivered overnight.