The Chase Manhattan Corp.
1211 Avenue of the Americas, 41st Floor, New York, NY 10036; www.chase.com
RECORD-KEEPING
Total DC assets record kept ($ millions) 2,556
For plans with:
Fewer than 100 employees 434
100-499 employees 910
500-999 employees 454
1,000-4,999 employees 541
5,000-9,999 employees 150
10,000-24,999 employees 67
DC clients:
Corporate 401(k) 582
Percentage of assets under record keeping in:
Proprietary investments 40%
Outside investments 52%
Self-directed brokerage/funds window 1%
Company stock 4%
Loans 3%
SERVICES PROVIDED:
Discrimination testing
Form 5500
1099s
State/federal tax withholding
Prototype plan document
Plan design
Summary plan descriptions
Ongoing plan compliance
Standardized education print materials
Customized education print materials
Standardized communications
Customized communications
Fund information
Investment performance
Employee meetings
SERVICES VIA VOICE RESPONSE/OPERATOR/INTERNET
Investment election change - v-o-i
Transfer request - v-o-i
Loan request/note preparation - v-o
Rollovers - o
QDROs form request - o
INVESTMENT MANAGEMENT:
Assets under management ($ millions):
Total DC assets managed 2,456
Internally managed DC assets 2,456
In-house investment management services are provided through:
Mutual funds
Stable value/GIC
The Chase Manhattan Corp. offers the following fund families through its fund alliance structure:
Fidelity Advisor, Janus, Dreyfus, Federated, Van Kampen and RS Investment.
CIGNA Retirement & Investment Services
280 Trumbull St., Hartford, CT 06103; phone: (800) 574-0615; fax: (860) 534-2052;
www.cigna.com
RECORD-KEEPING
Total DC assets record kept ($ millions) 31,800
For plans with:
Fewer than 100 employees 1,990
100-499 employees 6,720
500-999 employees 5,200
1,000-4,999 employees 11,620
5,000-9,999 employees 3,420
10,000-24,999 employees 850
More than 25,000 employees 2,000
DC clients:
Corporate 401(k) 1,759
Taft-Hartley 200
Other DC 367
Percentage of assets under record keeping in:
Proprietary investments 58.0%
Outside investments 35.5%
Self-directed brokerage/funds window 0.3%
Company stock 6.2%
SERVICES PROVIDED:
Discrimination testing
Form 5500
1099s
State/federal tax withholding
Prototype plan document
Plan design
Customized plan documents
Summary plan descriptions
404(c) compliance
Ongoing plan compliance
Investment policy preparation
Standardized education print materials
Customized education print materials
Standardized communications
Customized communications
Fund information
Investment performance
Finance/retirement planning materials
Investment advice
Employee meetings
Employee one-on-one meetings
Foreign-language materials
SERVICES VIA VOICE RESPONSE/OPERATOR/INTERNET
Enrollment - v-o-i
Contribution rate change - v-o-i
Investment election change - v-o-i
Transfer request - v-o-i
Loan request/note preparation - v-o-i
Rollovers - o
QDROs form request - o
Distribution - v-o
Hardship withdrawal - v-o-i
Address change - o
Questions on employee statement - o-i
Questions on distributions - v-o-i
Investment information - v-o-i
Prospectus/statement requests - v-o-i
Daily valuation - v-o-i
INVESTMENT MANAGEMENT:
Assets under management ($ millions):
Total DC assets managed 31,800
Internally managed DC assets 18,440
In-house investment management services are provided through:
Separate accounts
Commingled funds
Stable value/GIC
CIGNA Retirement & Investment Services offers the following fund families through its fund alliance structure:
CIGNA Charter, Lazard Funds, State Street Global, Templeton Group, Janus, Neuberger Berman, AIM, Fidelity, Dreyfus/Founders, American Century, Warburg Pincus and INVESCO.
Dean Houldcroft is client contact.
CitiStreet
3 Pine Hill Drive, Batterymarch Park, Quincy, MA 02169; phone: (617) 664-2917; fax: (617) 664-2909
RECORD-KEEPING
Total DC assets record kept ($ millions) 200,344
For plans with:
Fewer than 100 employees 6,194
100-499 employees 6,148
500-999 employees 4,425
1,000-4,999 employees 18,265
5,000-9,999 employees 16,785
10,000-24,999 employees 42,186
More than 25,000 employees 106,341
DC clients:
Corporate 401(k) 5,953
Other 401(k) 936
Taft-Hartley 13
457 1,499
403(b) 4,756
Other DC 3,405
Percentage of assets under record keeping in:
Proprietary investments 35.7%
Outside investments 40.1%
Self-directed brokerage/funds window 1.2%
Company stock 22.5%
Other 0.5%
SERVICES PROVIDED:
Discrimination testing
Form 5500
1099s
State/federal tax withholding
Prototype plan document
Plan design
Customized plan documents
Summary plan descriptions
404(c) compliance
Ongoing plan compliance
Investment policy preparation
Standardized education print materials
Customized education print materials
Standardized communications
Customized communications
Fund information
Investment performance
Finance/retirement planning materials
Investment advice
Employee meetings
Employee one-on-one meetings
Foreign-language materials
SERVICES VIA VOICE RESPONSE/OPERATOR/INTERNET
Enrollment - v-o-i
Contribution rate change - v-o-i
Investment election change - v-o-i
Transfer request - v-o-i
Loan request/note preparation - v-o-i
Rollovers - o
QDROs form request - v-o-i
Distribution - v-o-i
Hardship withdrawal - o
Questions on employee statement - o
Questions on distributions - o
Investment information - v-o-i
Prospectus/statement requests - v-o-i
Daily valuation - v-o-i
STAFFING:
Record-keeping operations 961
Compliance/testing/plan design 63
Information technology 247
Investment analysis/due diligence 17
Dedicated conversion/installation 26
Total retirement outsourcing 5
Relationship managers 85
Enrollment specialists 404
Education/communication consultants 37
CitiStreet offers the following fund families through its fund alliance structure:
Accessor, AIM, Alger, American Funds, American Aadvantage, American Century, Armada, Baron, Brinson, Calvert, Columbia, Concert, Crabbe Huson, Davis Advisers, Delaware, Dodge & Cox, Domini, Dreyfus, Federated, Fidelity, First American, Founders, Franklin Templeton, GAM, Goldman Sachs, Heartland, INVESCO, Janus, J.P. Morgan, Lazard, Lord Abbett, Managers Funds, MAS, MFS, MSDW, Neuberger Berman, Oakmark, Oppenheimer, PBHG, Phoenix, PIMCO, Rainier, Royce, Safeco, Scudder, Strong, Warburg Pincus and Wells Fargo.
Philip J. Lussier is client contact.
Columbia Funds
1301 S.W. Fifth Ave., Portland, OR 97201; phone: (800) 547-1037; fax: (503) 973-6662;
columbiafunds.com
RECORD-KEEPING
Total DC assets record kept ($ millions) 1,573
For plans with:
Fewer than 100 employees 738
100-499 employees 671
500-999 employees 139
1,000-4,999 employees 25
DC clients:
Corporate 401(k) 985
Taft-Hartley 3
457 1
Percentage of assets under record keeping in:
Proprietary investments 96%
Outside investments 4%
SERVICES PROVIDED:
Discrimination testing
Form 5500
1099s
State/federal tax withholding
Prototype plan document
Plan design
Customized plan documents
Summary plan descriptions
404(c) compliance
Ongoing plan compliance
Investment policy preparation
Standardized education print materials
Customized education print materials
Standardized communications
Customized communications
Fund information
Investment performance
Finance/retirement planning materials
Employee meetings
Employee one-on-one meetings
Foreign-language materials
SERVICES VIA VOICE RESPONSE/OPERATOR/INTERNET
Investment election change - v-o-i
Transfer request - v-o-i
Address change - o
Questions on employee statement - o
Questions on distributions - o
Investment information - v-o-i
Prospectus/statement requests - o-i
Daily valuation - v-o-i
INVESTMENT MANAGEMENT:
Assets under management ($ millions):
Total DC assets managed 3,035
Internally managed DC assets 3,035
In-house investment management services are provided through:
Mutual funds
Separate accounts
Commingled funds
Stable value/GIC
STAFFING:
Record-keeping operations 13
Information technology 3
Relationship managers 14
Columbia Funds offers the following fund families through its fund alliance structure:
American Funds, Citizens, Dodge & Cox, Fidelity, Galaxy, INVESCO, Janus, MAS, Neuberger Berman, PIMCO, Rainier, RS Investment, SAFECO, Scudder and Vanguard.
Bob Noack is client contact.
