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Benefits
of Pathways Plan Services for your plan
Pathways contains all of the components
to make your defined contribution plan a success. Underlying all
services is our commitment to providing the highest level of service
to you and your employees.
Enhanced
Employee Relations and Plan Participation
The PATHWAYS communication
package not only effectively educates participants about their plan
and investment options, encouraging participation, but demonstrates
the Corporation’s commitment to better employee understanding of
their benefits.
Broad-based
Recordkeeping and Administrative Services
We offer a number of
valuation options. Traditional balance-forward valuations on a
monthly or quarterly basis are available. Our daily valuation,
toll-free telephone service, and other advanced recordkeeping
features assures accurate, immediate access to participants’
accounts and reduces the administrative burden on your staff.
Minimized
Administrative Time and Costs
This comprehensive program
simplifies your administrative tasks, reducing the need for
additional staffing. Our full-service, integrated approach
coordinates investment manager, administrator, professional
consultants, and trustee, relieving you of this complicated process
and providing a streamlined flow of communications
Simplified
Plan Start-up or Conversion
Our program reduces most of
the administrative and legal expense involved in establishing a new
plan, or changing an existing one. All plan documents required by
the IRS are provided and we maintain the documents to comply with
constantly changing legislative and IRS requirements.
A
Program Tailored to Your Needs
PATHWAYS is extremely
flexible. Features can be selected to fit your company’s
particular plan design and service needs.
ERISA
Flexibility
Our investment options present
the breadth of investment choices regulated by the Department of
Labor under ERISA Section 404(c). These regulations set forth
voluntary guidelines under which defined contribution plan
fiduciaries would be relieved of certain fiduciary responsibility if
their participants are given the opportunity to exercise control
over the investment of their plan monies among at least three
diversified investment options. Our investment options offer the
flexibility and adaptability that will be required for retirement
plans in the years ahead.
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