Printer Friendly
The Free Library
19,585,571 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Alliance Benefit Group Selects RolloverSystems for Plan Distribution Services; IRA Choices Create Advantage for Plan Sponsors and Participants.


CHARLOTTE, N.C. -- Alliance Benefit Group, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 has selected RolloverSystems, Inc. to provide retirement plan rollover distribution services for its 3,300 retirement plans. Alliance Benefit Group provides customized retirement plan administration, investment and employee communication services to plan sponsors through its national network of independent licensed affiliates.

"This relationship will provide additional advantages to our clients," said John Blossom, President of Alliance Benefit Group. "We now offer a cost effective way for plan sponsors to avoid "warehousing" small balance terminated participants. Our plan clients will reduce plan administration costs and eliminate the hassle of locating and serving former participants."

Under terms of the relationship, RolloverSystems will process automatic rollovers as well as voluntary rollover distributions for eligible terminated participants.

"I'm delighted Alliance Benefit Group selected us to handle their rollovers," said RolloverSystems CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Reginald Bowser Bowser may mean:
  • Bowser, British Columbia, an unincorporated community on Vancouver Island
  • Bowser and Blue
  • Bowser and Blitz from C.O.P.S.
  • Bowser (Nintendo), the main villain in the Mario series of video games.
. "They are truly committed to providing excellent customer service to their various customers. Our goal is to supplement that commitment by providing rollover-related products and services that can help them grow their business."

RolloverSystems offers outsourced distribution services to plan sponsors and plan providers. The company connects eligible plan participants Plan participants

Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan.
 to a network of top investment companies that includes Fidelity Investments, Charles Schwab & Co., JPMorgan Chase, TD Waterhouse, American Century Investments American Century Investments is a privately held investment management firm. Its headquarters are located at 4500 Main in Kansas City, Missouri, near the famous Country Club Plaza. It was formerly known as Twentieth Century Investments. The company was founded by James E. , New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Life and Harrisdirect. In addition, RolloverSystems provides a complete, technology-based service for automatic rollovers. Plan sponsors choose from a list of pre-approved safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 IRA Ira, in the Bible
Ira (ī`rə), in the Bible.

1 Chief officer of David.

2,

3 Two of David's guard.
IRA, abbreviation
IRA.
 providers, and RolloverSystems helps implement a program.

About RolloverSystems

RolloverSystems is the leading provider of technology-based 401(k) and 403(b) rollover products and services for financial institutions, plan sponsors, and HR technology companies. The company helps financial institutions capture new Rollover IRA customers and selectively retain corporate retirement plan assets as Rollover IRAs. In addition, RolloverSystems helps plan sponsors and plan providers save time and money by outsourcing rollover transactions and enabling more terminated participants to select a rollover option. The company operates the only independent, objective platform that matches retirement plan participants with a network of top-tier financial institutions. For more information on RolloverSystems, please visit www.rolloversystems.com.

About Alliance Benefit Group

Alliance Benefit Group (ABG ABG
abbr.
arterial blood gas


ABG 1. Arterial blood gas 2. Axiobuccogingival–dentistry
), headquartered in Peoria, IL, is a national network of independently owned retirement plan consulting and administration firms. ABG provides retirement plan services for more than 3,300 plans with over $5.9 billion under investment management. ABG strives to provide employers with the "perfect plan" through knowledge and independence. The company's growing network is positioned to provide customized administration, investment and employee communication services to plan sponsors in each office's own geographic area. For more information, please visit www.abgnational.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:May 17, 2005
Words:434
Previous Article:MDSI Mobile Data Solutions Inc.: Xcel Energy Wins Prestigious Award.
Next Article:AdminServer selects VERTEX as a Strategic Implementation Partner; VERTEX integration and conversion expertise to help streamline implementation of...



Related Articles
Account balance pension plans: a benefit program for the 1990s.
Retirement plan options.
Do the right thing: a guide to selecting the best company savings program.
Plan distributions from SESOPs.
Let it roll: Reginald Bowser bends over backward to create convenient 401(k) transfers.
Current developments.
Employee options: is the new Roth 401K hope or hype?
Charitable distributions: Pension Protection Act may bring windfall to nonprofits.
New law, new opportunities: the Pension Protection Act changes the landscape of defined-benefit and defined-contribution plans. For insurers and...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles