Nicholas-Applegate Capital Management has introduced a comprehensive 401(k) program geared to smaller high technology companies, consulting and engineering firms and other professional service organizations.
Fewer than 25% of smaller companies offer 401(k) plans, according to firm officials.
The program includes Nicholas-Applegate mutual funds, payroll and asset allocation software; daily valuation available through a 24-hour toll-free number; and customized employee communications and education programs.