Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
Products March 28, 2011
Hedgeable Reveals 401(k) Program
Beginning in April, plan sponsors will be able to produce plan menus
that provide access to 20 strategies internally managed by Hedgeable.
Reported by Fred Schneyer
The menus could also include 17 à la carte options, plus mutual fund options selected with Hedgeable’s proprietary fund rating system. According to the announcement, participants gain access to Hedgeable’s online technology platform that provides streamlined lived analytics and reporting, tools, and interactive support.
The company said advantages of its program include:
- Electronic sign-up and enrollment, minimal paperwork needed
- Mutual Fund options using Hedgeable’s proprietary fund star rating system
- Flat 1% fee for any option selected by participants; no fee sharing, marketing, or commission based
- Online platform providing plan participants with 24/7 access to live detailed account analytics, one click reporting, news, tools, and market analysis
- Ability to change allocation of account with the click of a button via online platform
- Live support and access to Hedgeable’s Investment Professionals via online platform
More information is at www.hedgeable.com.
You Might Also Like:
Carta Partners With Vestwell, Morgan Stanley on Retirement Planning Service
Carta 401(k) provides retirement guidance to high-growth companies using technology from Vestwell and oversight from Morgan Stanley.
Ex-Wife Awarded Deceased Partner’s Retirement Plan Assets
An appellate court ruling settled a lawsuit over whether a retired worker had properly changed his beneficiary.
Vestwell Acquires Accrue 401k, Adding 30,000 Plans
The deal also adds 350,000 savers to Vestwell’s platform.