UMB Bank N.A.
1010 Grand Blvd., P.O. Box 41962, Kansas City, Mo. 64141-6692; phone: (816) 860-4889; fax: (816) 860-4804
(No. of participants)
Total156,700
Bundled (inc. in-house asset mgmt.)65,500
Bundled (exc. in-house asset mgmt.)91,000
Record keeping/administration only200
Participants served exclusively65,700
Bundled services65,500
Record-keeping/administration only200
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 NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Foreign language capability
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $3.925 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:
Mutual fund alliances
UMB Bank N.A. provides services to 876 sponsors: 500 for bundled services (including in-house investment management); 300 for bundled services except in-house investment management; one for record-keeping and administration only; and 75 for investment management only.
It has investment management partnerships with Fidelity, Federated, American Century and Sunguard's Expediter fund alliance.
Charles E. Lehmann is client contact.
United States Pension
Services Inc.
3507 Frontage Road, Suite 200, Tampa, Fla. 34684; phone: (800) 325-6860; fax: (800) 344-1258
(No. of participants)
Total325,000
Record keeping/administration only325,000
Participants served exclusively325,000
Record-keeping/administration only325,000
SERVICES PROVIDED:
Plan design
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Changes to contribution allocations
Loan request/processing
United States Pension Services Inc. provides services to 4,300 sponsors, all for record-keeping and administration services.
It has partnerships in investment management with various regional and national mutual fund firms, banks and insurance companies.
The Vanguard Group
P.O. Box 2900, Valley Forge, Pa. 19482; phone: (800) 523-1036; fax: (610) 669-4035
(No. of participants)
Total3,500,000
Bundled (inc. in-house asset mgmt.)1,300,000
Investment mgmt. only2,200,000
Participants served exclusively1,300,000
Bundled services1,300,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
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: $77.8 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*GICs
The Vanguard Group provides services to 1,943 sponsors: 546 for bundled services (including in-house investment management) and 1,397 for investment management only.
It offers account balances, foreign language capability, performance data, fund information, and retirement planning assistance through its website.
Shelton S. Unger is client contact.
Variable Annuity Life
Insurance Co.
2929 Allen Parkway, Houston, Texas 77019; phone: (713) 831-4109; fax: (713) 831-4922
(No. of participants)
Total985,283
Bundled (inc. in-house asset mgmt.)985,283
Participants served exclusively985,283
Bundled services985,283
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
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: $22.3 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed separate accounts
Variable Annuity Life Insurance Co. provides services to 18,934 sponsors, all bundled services (including in-house investment management) clients.
It offers performance data; fund information and retirement planning assistance through its website address: www.valic.com.
It has subadvisory partnerships with Bankers Trust; Valueline; and T. Rowe Price.
Steve Rubinstein is client contact.
