Seligman Names BISYS Recordkeeper for Owner-Only 401(k) Plans

November 21, 2002 ( - Seligman has tapped BISYS as recordkeeper for Seligman's owner-only retirement business, BISYS announced.

BISYS will support Seligman’s One(k) offering with its administration and recordkeeping program for Individual(k) retirement plans, which are the retirement savings alternative for the estimated 13 million owner-only businesses.

BISYS said its services include:

  • product training
  • plan installation
  • IRS-approved prototype plan documents
  • employer and financial advisor kits
  • sales support
  • call center services
  • Web and interactive voice response (IVR) inquiry capabilities.

BISYS currently supports Seligman’s Growth 401(k) traditional retirement plan.