With the expansion, Wachovia added four new fund families to Evergreen Connect k . The expanded investment lineup now encompasses 50 mutual funds, according to a news release.
Enhanced Web capabilities include:
- online proposal generation
- access to statements via the Web for plan sponsors, participants, and financial professionals
- online compliance testing.
Overall, Wachovia provided the enhancements to assist financial professionals in providing clients an alternative to small business 401(k) plans while streamlining plan establishment and monitoring capabilities for sponsors; ultimately making it easier for participants to track their retirement plan assets.
More information about the enhancements and Evergreen Connect k can be found at www.EvergreenConnectk.com .