No. of participants
Total400,000
Bundled (inc. in-house asset mgmt.)400,000
Participants served exclusively400,000
Bundled services400,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
Toll-free, automated voice-response system
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Foreign language capability
Loan request/processing
Performance data
Fund information
Retirement planning assistance
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $35.1 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed commingled funds,
*Internally managed separate accounts
*GICs
External investment management services are provided through:
Private label mutual funds
Commingled funds
Separate accounts
BZW Barclays Global Investors - MasterWorks Group provides services to 302 sponsors: 180 for bundled services (including in-house investment management); and 122 for investment management only.
It has partnerships with AIM; Wells Fargo; Franklin/Templeton; and Neuberger & Berman in investment management.
It offers account balances, portfolio returns and account history through public online systems and a secure private network.
Alan J. Kizor is client contact.
The Capital Group Cos.
4 Embarcadero Center, Suite 1800, San Francisco, Calif. 94111-4125; phone: (415) 393-7104; fax: (415) 393-7115
No. of participants
Total158,935
Bundled (inc. in-house asset mgmt.)158,935
SERVICES PROVIDED:
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Toll-free, automated voice-response system
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Performance data
Fund information
Retirement planning assistance
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $21.31 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed commingled funds
*Internally managed separate accounts
The Capital Group Cos. provide services to 1,657 sponsors, all bundled services (including in-house investment management) clients.
It has record-keeping partnerships with BISYS Plan Services; Buck; Hewitt; Kwasha Lipton; and Wyatt.
Jeffrey Paster is client contact.
Chase Manhattan Bank
4 Chase MetroTech Center, 18th floor, Brooklyn, N.Y. 11245; phone: (718) 242-9151; fax: (718) 242-8896
No. of participants
Total460,000
Bundled (inc. in-house asset mgmt.)450,000
Investment mgmt. only10,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
Toll-free, automated voice-response system
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Foreign language capability
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Retirement planning assistance
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $17.75 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed commingled funds
*Internally managed separate accounts
*GICs
External investment management services are provided through:
GICs
Third-party mutual funds
Chase Manhattan Bank provides services to 245 sponsors: 170 for bundled services (including in-house investment management) and 75 for investment management only.
It has investment management partnerships with AIM; American Funds; Federated; Fidelity Advisors; Franklin/Templeton; INVESCO; Janus; Lexington Funds; Merrill Lynch Mutual Funds; MFS; Neuberger & Berman; PIMCO; Putnam; Scudder, Stevens & Clark; Twentieth Century; VISTA; and Warburg Pincus. It has record-keeping and third-party administration partnerships with Godwins Booke & Dickenson.
It offers remote access for clients through a PC-based secure private network.
Charles Connell is client contact.
CIGNA Retirement
& Investment Services
350 Church St., Hartford, Conn. 06103; phone: (800) 997-6633; fax: (860) 725-2052
No. of participants
Total1,000,000
Bundled (inc. in-house asset mgmt.)1,000,000
Participants served exclusively1,000,000
Bundled services1,000,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
Toll-free, automated voice-response system
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
Operators
Foreign language capability
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Retirement planning assistance
Client service rep available
Enrollments
Retiree & termination
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $19.3 billion
In-house investment management services are provided through:
*Internally managed commingled funds
*Internally managed separate accounts
*GICs
*General account based funds
External investment management services are provided through:
Commingled funds
GICs
CIGNA Retirement and Investment Services provides services to 4,000 sponsors: 3,200 for bundled services (including in-house investment management) and 800 for investment management only.
It has investment management partnerships with Fidelity; Putnam; AIM; Levin; Lazard Freres, INVESCO; Warburg Pincus; Twentieth Century; INTECH; and PRIMCO. It has partnerships with Chase Manhattan for custodial services; Price Waterhouse for plan audit services; and Zabit & Associates and TransImage for benefits education.
It offers retirement planning calculations through public online systems; and plan level financial and plan specific information, participant level financial and other participant information through a secure private network.
Douglas E. Klinger is client contact.
Comerica Bank
411 W. Lafayette, Detroit, Mich. 48226; phone: (313) 222-4638; fax: (313) 222-6641
No. of participants
Total350,000
Participants served exclusively300,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
Toll-free, automated voice-response system
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
