Benefits and Services

The Benefits

The 2001 Economic Growth and Tax Relief Reconciliation Act (EGTRRA) created a method for plan sponsors to remove the accounts of missing or non-responsive former employees from their plans. In 2005, the Department of Labor (DOL) published their final Automatic Rollover Safe Harbor Regulations, and we launched our Automatic Rollover Solution.

Today, our solution has been implemented by over 30,000 retirement plans, providing them a simple, secure, and client-friendly solution that is easy to use for both the plan and former employees. Our solution was designed using the latest technologies, to service the needs of both large and small plans and can easily process a large volume of small accounts, including balances of less than $1,000.

Focus on your current employees; we’ll work to reunite past employees with their retirement funds.

Enhanced Flexibility and Features
  • No cost to the TPA or plan sponsor
  • No minimum balance requirement – even balances less than $1,000 are welcome
  • IRAs opened for participants of active, terminating and abandoned plans
  • IRAs opened for uncashed checks
  • Roth IRAs opened for Roth 401(k) rollovers
  • Default investment choices including FDIC-insured, money market vehicles
Unmatched Service and Support
  • Dedicated client service team available by phone, email, fax or in person
  • State-of-the-art accounting systems to track underlying investments, transactions, tax reporting, etc.
  • Experienced with IRAs and well trained on IRS distribution rules
  • Comprehensive welcome kit sent to new account holders
  • Ongoing access to account information and annual statements available through secure Website
  • Online distributions with option to receive a pre-paid debit card available
  • Client assistance available in multiple languages
Proven and Innovative Technology
  • Secure interface with all retirement record keeping systems
  • Participant information can be submitted in two ways – via secure portal or through automated file transfer with encrypted file format
  • IRA account holders have online access to their accounts and statements
Comprehensive Search Procedures
  • Conduct multiple searches for missing IRA account holders
  • No cost to plan sponsor
Wide Range of Investment Choices
  • Default investment to a FDIC-insured, interest-bearing bank demand account designed to meet DOL’s Safe Harbor requirements
  • Annuities can also be held as the original rollover asset
  • Wide range of other investments can be held in IRA including mutual funds, ETFs, stocks, bonds and CDs

Meet Our Team

Terry Dunne
Senior Vice President, Managing Director

Terry brings over 35 years of sales and marketing experience in the financial services industry to his role developing the firm’s comprehensive automatic rollover product.

Meet our team
Kevin Clark
Senior Vice President, National Sales Director

Kevin has over 30 years of experience with employee benefits and retirement services and is responsible for developing rollover IRA business with institutional clients.

Meet our team
Karin Stouffer
Senior Vice President, Senior Relationship Manager

Karin brings over 15 years of corporate experience to the firm and has been a key component to our growth. As a Senior Relationship Manager, Karin is responsible for supporting our largest institutional clients.

Meet our team
Mark Koeppen
Vice President

Mark is a 20-year veteran of the financial services industry and a retirement plan expert. His background in plan management, cost analysis, consulting, and administration brings an “insider” perspective to the firm’s rollover solutions group and its clients.

Meet our team
David Turner
Vice President, National Sales Director

Drawing on his expertise in ERISA compliance, consulting, investment management sales, and participant education, David brings 25 years of financial services industry experience to the firm.

Meet our team