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Products April 26, 2005
RolloverSystems Hired by Malvern
April 26, 2005 (PLANSPONSOR.com) - RolloverSystems,
Inc. has announced that the company will provide rollover
distribution services - including automatic rollovers - for
Malvern Benefits Corporation.
Reported by
Kip McDaniel
Malvern provides 401(k) retirement plan administration and recordkeeping. The agreement with RolloverSystems will allow Malvern to provide plan sponsors with tools they need to allow terminatedparticipants to select an IRA and request a distribution, according to a press release.
RolloverSystems provides IRA offerings to rollover
candidates. According to the company, its system allows
rollover candidates to compare multiple offers from
financial institutions
and then initiate a rollover transaction
online.
