Seligman Advisors and Universal Pensions jointly have launched the Seligman Growth 401(k) for companies with a maximum of 50 eligible employees.
Seligman Growth includes a choice of up to 13 of Seligmans U.S. and global mutual funds. Administration is provided by Universal Pensions. The program also includes two asset allocation models, Seligmans Time Horizon Matrix and Harvester.
The base installation fee for new plans is $500 plus $5 per participant, with an annual administration fee of $750 per year.