BISYS Retirement Services on Nov. 15 will assume record keeping for 4,147 401(k) plans from Merrill Lynch’s retirement group, as part of an alliance agreement earlier this year. Merrill Lynch also extended its original outsourcing agreement with BISYS to June 2006 for its small and midsized 401(k) plans. The block of 401(k) plans was moved to BISYS’ record-keeping system with no market downtime, according to a joint written statement.
BISYS Retirement Services on Nov. 15 will assume record keeping for...
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