Pacific Investment
Management Co.
840 Newport Center Drive, P.O. Box 6430, Newport Beach, Calif. 92658-6430; phone: (714) 640-3031; fax: (714) 720-1376
(No. of participants)
Total420,000
Bundled (inc. in-house asset mgmt.)420,000
SERVICES PROVIDED:
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
TOLL-FREE NUMBER SERVICES
Performance data
Fund information
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $12.45 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
Pacific Investment Management Co. provides services to 228 sponsors, all for bundled services (including in-house investment management).
It has third party administration agreements with Foster Higgins; American Express; Aon; Brown Brothers Harriman; Buck; Delaware Investment & Retirement; Dubuque Bank & Trust; Well Fargo; Fidelity; First Union; Hazlehurst; Hewitt; Howard Johnson; Investors Bank & Trust; Kemper; Mellon; New York Life; Northwestern; Resources Trust; State Street; Wyatt; Towers Perrin; and William Mercer.
Brent R. Harris is client contact.
Pension Solutions Inc.
2 Pine Tree Drive, Arden Hills, Minn. 55112; phone: (612) 631-4838; fax: (612) 639-5511
(No. of participants)
Total16,000
Bundled (inc. in-house asset mgmt.)12,000
Bundled (exc. in-house asset mgmt.)4,000
Participants served exclusively16,000
Bundled services12,000
Record-keeping/administration only4,000
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 NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Changes to contribution allocations
Loan request/processing
Fund information
Retirement planning assistance
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $300 million
External investment management services are provided through:
Separate accounts
GICs
Pension Solutions Inc. provides services to 350 sponsors: 300 for bundled services (including in-house investment management) and 50 for bundled services except in-house investment management.
It offers performance data through its website.
Mark Schmiel is client contact.
Piper Jaffray Cos. Inc.
222 S. Ninth St., Minneapolis, Minn. 55402; phone: (612) 342-6234; fax: (612) 342-6278
(No. of participants)
Total 60,000
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 NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
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: $2.5 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed commingled funds
*Internally managed separate accounts
*GICs
*Closed-end funds
Piper Jaffray Cos. Inc. provides services to 600 sponsors.
It offers performance data, fund information and retirement planning assistance through its website address: www.piperjaffray.com.
It has partnerships with various outside mutual funds in investment management and record keeping partnerships with DCA and Bankers Systems.
Kim R. Jenson is client contact.
PNC Bank
1 Oliver Plaza, 27th Floor, 210 Sixth Ave., Pittsburgh, Pa. 15222; phone: (412) 762-6055; fax: (412) 762-5439
(No. of participants)
Total106,000
Bundled (inc. in-house asset mgmt.)106,000
Participants served exclusively106,000
Bundled services106,000
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 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: $4.183 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed commingled funds
*Internally managed separate accounts
PNC Bank provides services to 908 sponsors, all bundled services (including in-house investment management) clients.
It offers general service information through its website address: www.pncbank.com.
It has investment management partnerships with Compass; Fidelity; INVESCO; Janus; and Scudder Stevens.
Bryan Garlock is client contact.
T. Rowe Price Associates
100 E. Pratt St., Baltimore, Md. 21202; phone: (410) 345-2000; fax: (410) 547-1456
(No. of participants)
Total..798,000
Bundled (inc. in-house asset mgmt.)798,000
Participants served exclusively798,000
Bundled services798,000
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 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
Enrollment
Deferral changes
SECURE PRIVATE NETWORK SERVICES
Account balance
Account transfers
24-hour access
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Deferral changes
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $27.3 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
GICs
T. Rowe Price Associates provides services to 1,450 sponsors: 450 for bundled services (including in-house investment management) and 1,000 for investment management only.
It offers performance data; fund information; retirement planning assistance and a fund watch list through its website address: www.troweprice.com.
John R. Rockwell is client contact.
Principal Mutual
Life Insurance Co.
P.O. Box 9397, Des Moines, Iowa, 50306-9397; phone: (515) 248-2042; fax: (515) 248-2118
(No. of participants)
Total1,500,000
Bundled (inc. in-house asset mgmt.)1,500,000
Participants served exclusively1,500,000
Bundled services1,500,000
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 NUMBER SERVICES
Account balance
Account transfers
Operators
Foreign language capability
Loan request/processing
Performance data
Fund information
Retirement planning assistance
Client service rep available
SECURE PRIVATE NETWORK SERVICES
Account balance
24-hour access
Performance data
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $30.8 billion
In-house investment management services are provided through:
*Internally managed separate accounts
*GICs
External investment management services are provided through:
Private label mutual funds
Commingled funds
Principal Mutual Life Insurance Co. provides services to 27,480 sponsors: 27,000 for bundled services (including in-house investment management) and 480 for investment management only.
It currently offers performance data and retirement planning assistance through its website address: www.principal.com, and will offer account transfers; changes to contribution allocations; loan request/processing and fund information via enhancements scheduled by the end of 1997.
It has investment management partnerships with Vanguard; T. Rowe Price; American Century; AIM; INVESCO; Putnam; and Neuberger & Berman.
Rick Roe is client contact.
Provident Investment
Counsel
300 N. Lake Ave., Pasadena, Calif. 91108; phone: (818) 449-8500; fax: (818) 577-2402
(No. of participants)
Total100,000
SERVICES PROVIDED:
Employee meetings
Generic employee communications
Customized employee communications
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
SECURE PRIVATE NETWORK SERVICES
Account balance
Account transfers
24-hour access
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: $2 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed commingled funds
*Internally managed separate accounts
External investment management services are provided through:
Private label mutual funds
Commingled funds
Separate accounts
Provident Investment Counsel provides services to 50 sponsors.
It has a record keeping partnership with UAM.
Douglass Allen is client contact.
Provident Mutual
1205 Westlakes Drive, Berwyn, Pa. 19312; phone: (610) 407-1246; fax: (610) 407-1943
(No. of participants)
Total36,250
Bundled (inc. in-house asset mgmt.)6,050
Investment mgmt. only30,200
Participants served exclusively21,750
Investment mgmt. only21,750
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
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Client service rep available
SECURE PRIVATE NETWORK SERVICES
Operators
Performance data
Fund information
Retirement planning assistance
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $838 million
In-house investment management services are provided through:
*Internally managed separate accounts
*GICs
*GA fixed account
External investment management services are provided through:
Separate accounts
Provident Mutual provides services to 725 sponsors: 121 for bundled services (including in-house investment management) and 604 for investment management only.
It offers fund information through its website address: www.providentmutual.com.
It has partnerships with SEI in investment management; and Bisys and EMJAY in record keeping and third-party administration.
Steven Schweitzer is client contact.
Prudential Investments
Gateway Center 2, 18th Floor, 100 Mulberry St., Newark, N.J. 07102; phone: (800) 353-2847; fax: (800) 545-3123
(No. of participants)
Total722,000
Bundled (inc. in-house asset mgmt.)650,000
Investment mgmt. only72,000
Participants served exclusively650,000
Bundled services650,000
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 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
Account activity
Dividends
Loan modeling/payoff amounts
PIN resetting
Plan rule information
FAX capabilities
Form requests
Transaction history
SECURE PRIVATE NETWORK SERVICES
Account balance
24-hour access
Performance data
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $36 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
Outside funds
Prudential Investments provides services to 20,000 sponsors: 4,000 for bundled services (including in-house investment management) and 16,000 for investment management only.
It offers account balance; performance data; retirement planning assistance and e-mail inquiry capability through its website address: www.prudential.com.
It has investment management partnerships with Norwest Bank; Fidelity; AIM; Putnam; Franklin Templeton; MFS; Alliance; and Zweig.
Tim O'Brien is client contact.
Putnam Investments
1 Post Office Square, Boston, Mass. 02109; phone: (617) 760-8402; fax: (617) 760-8686
(No. of participants)
Total726,000
Bundled (inc. in-house asset mgmt.)726,000
Participants served exclusively726,000
Bundled services726,000
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 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
Address verification
Plan provision inquiries
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $20.1 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed commingled funds
*Internally managed separate accounts
*GICs
Putnam Investments provides services to 1,420 sponsors: 1,096 for bundled services (including in-house investment management) and 324 for investment management only.
It offers performance data, fund information and retirement planning assistance through its website.
Kenneth H. Montgomery is client contact.
