Products May 11, 2003

Seligman Offers Online Access for Small Plans

November 29, 2001 (PLANSPONSOR.com) - Small employers who sponsor Seligman Growth 401(k) plans can now offer their participants online account access through a Web site maintained by Plan Administrators, Inc.
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The site offers participants the ability to:

  • review current account balances by fund or contribution type
  • change future contributions or transfer existing account balances
  • perform loan modeling functions
  • view the most recent quarterly statements

The customizable Seligman Growth 401(k) offers employees a choice of up to 14 Seligman mutual funds and gives participants access to Seligman’s unique proprietary risk and asset allocation management strategy, Seligman Time Horizon Matrix.

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The base installation fee for new plans is $500 plus $5 per participant, with an annual $750 administration fee.

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