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Your branded version of 401k Enginuity will allow your 401k plan sponsors to
(among other things)
-- Set up their plans, including selecting plan features and investments from those you've chosen to make available within your customized system.
-- Pay their 401k plan fees (as established by you; please see Pricing for details).
-- Learn about additional services your firm offers business owners.
-- Communicate individually or en-mass with employees via a special plan-specific e-mail messaging system.
-- Process monthly contributions, review/approve/deny loan and distribution requests submitted by plan participants (see below), run compliance tests, print reports and account statements, and more all generally within 20 minutes (or less) a month when using 401k Enginuity's proven self-service approach to 401k plan administration.
-- Transmit data to your personnel for processing if using 401k Enginuity's full-service capabilities (in which case your personnel can perform all of the aforementioned just as expediently, if not more so).
-- Perform all these transactions within a highly secure environment that's incredibly easy to use.

Your branded version of 401k Enginuity will allow 401k plan participants direct access to
-- Information about the company 401k plan and the benefits of participating in it.
-- Investment prospectuses.
-- 401k enrollment features, including setting a 401k deferral rate, designating the investments into which deferrals are to be directed, designating a beneficiary/beneficiaries, plus establishing security settings for future access to the account.
-- Notifying the plan administrator of any money to be rolled over into the account.
-- Amending deferral rates and/or investment designations.
-- Updating personal records and beneficiary information.
-- Viewing/printing account statements.
-- Applying for 401k loans or other distributions.
-- Communicating directly with the plan sponsor via the secure internal e-mail system.
-- Reading information about additional services your firm offers consumers.

All plan administration and participation features are operational 24 hours a day, seven days a week. All processing is instantaneous (i.e., data isn't being downloaded by someone at the other end, processed, then the results uploaded), and there are no limits on the number of 401k plans nor number of participants per plan that your branded version of 401k Enginuity can offer.
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