Products January 26, 2009

Transcentive Rolls Out New Equity Plan Solutions

Equity plan solutions provider Transcentive has announced the release of version 10.0 of the Express Equity suite of products, which includes the Express Options software solution.
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The Shelton, Connecticut-based firm supports more than 2,000 companies worldwide. It is part of the Computershare group of businesses.

Now with the Express Options solution’s Global Restricted Stock Wizard, plan administrators will have additional filtering capabilities for grants and participants based on:

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  • plan,
  • grant type
  • optionee
  • codes
  • vesting schedule

Additionally, it offers support of shares sold as a tax payment method, according to the announcement.

Other enhancements include additional capabilities for restricted stock units. Expiration dates will no longer be a required field for any restricted stock award grant type. Additionally, new reports and extracts will provide more details related to the lapse of restricted stock awards and restricted stock units, according to the firm.

Financial Reporting enhancements include support of nontraditional fiscal calendars, and updates to disclosure and EPS dilutions reports to provide more flexibility related to FAS 123R requirements.

 

More information is available at www.transcentive.com.

 

Products January 26, 2009

SunTrust to Work with ePlan Services on Online 401(k)

The Denver-based ePlan Services announced it has been selected by SunTrust Banks to help develop an online 401(k) for the small end of the retirement plan market.
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An ePlan news release said the company, which services the retirement plans of more than 3,500 small U.S. businesses, offers a product that uses the Internet to conduct all required set-up, administration, calculation, reporting, and recordkeeping services and to make certain that a plan is in full compliance with all applicable laws, rules, and regulations.

ePlan said sponsors and participants can choose to access their account information online or may opt to speak with retirement plan specialists via a voice-response system.

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“Partnering with ePlan Services has enabled us to develop an affordable retirement plan for this segment that couples the ease and flexibility of the Internet with institutional quality features and the support of experienced retirement professionals.” said Amy Luek, SunTrust First Vice President, Sales and Product Manager for the Online 401k product, in the news release.

More information is available by calling 303.567.8910

More information is available by calling 303.567.8910

 

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