Products July 26, 2011

ERISA Firm and Brightscope Offer Benchmarking and Advice Solution

The Rosenbaum Law Firm P.C., specializing in retirement plan costs, design issues, and liability concerns, has formed a partnership with BrightScope to create the "Retirement Plan Tune-Up".

 

Reported by

The joint effort incorporates benchmarking information combined with specific recommendations and suggested improvements for company retirement plans. Business owners will gain access to BrightScope’s data and analytics, benchmarking tools, and custom reporting, along with tailored advice from an experienced ERISA Attorney for $750 per plan.

“The Employee Retirement Income Security Act (ERISA) is a difficult law to understand and new fee disclosure regulations make it even more complicated for business owners to adhere to. With the ‘Retirement Plan Tune-Up’ business owners get a simple list of issues and solutions to make the required change to their plan – at a flat fee,” said Ary Rosenbaum, founder of The Rosenbaum Law Firm P.C.

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

“Many Plan Sponsors are already using our dashboard product to benchmark their plans” said Mike Alfred, CEO of BrightScope. “This partnership with The Rosenbaum Law Firm P.C. enables BrightScope analytics to be combined with specific, tailored advice and takes our…capabilities to the next level and ensures that the forward-looking plan sponsors will be huge winners in the coming years.”

 

Products July 26, 2011

Principal Launches Mobile App for Participants

Participants with retirement plan accounts through the Principal Financial Group will now be able to access their account information on the go with Principal Mobile.
Reported by

The mobile application is available on multiple mobile device types – iPhone, Android and BlackBerry – and allows participants to: 

  • Check account balances
  • Track their savings progress
  • View their personalized rate of return
  • Review basic account information, including contributions and withdrawals

Principal Mobile provides access to multiple retirement plan types including defined contribution, defined benefit, ESOP and nonqualified. Participants can log in to their accounts at http://www.principal.com to learn more about the mobile application and how to download it.   

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

An online demo of the application is available on YouTube at http://www.youtube.com/watch?v=nv6-z2XheTQ. 

«