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.

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

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