Accounting Todayreports the strategic alliance between the two companies integrates Thomson Reuters’ AccuDraft plan delivery system with the document content and plan-drafting features of Thompson Hine’s Plan Document System (PDS) services. Thomson Reuters’ AccuDraft product line provides retirement plan documentation for employer-sponsored 401(k), 403(b), profit sharing, money purchase and defined benefit plans.
Thompson Hine, with its PDS services, offers plan document content and drafting services to investment service providers in the employee benefits industry.
The companies aim to provide cost-efficient document services to retirement services providers.