KEY BENEFITS
Promote Plan Wellness
Spend less time identifying problems and more time solving them to boost plan wellness. PlanAnalytics connects to a recordkeeping system and uses plan data to show how well plans are working through a series of Key Plan Metrics.
Manage Fiduciary Risk
In today’s environment, sponsors, advisors and administrators must be able to understand the fee structure and amount paid to recordkeepers to avoid claims made under ERISA. PlanAnalytics finds fees within participant transaction history and organizes this information for review.
Act in Participant’s Best Interest
PlanAnalytics helps advisers perform their fiduciary duties by providing tools and data analysis needed to act as an experienced and knowledgeable expert might… with care, skill, prudence and diligence.
No Participant Goes Unnoticed
PlanAnalytics can pinpoint problem participants with ease and precision. Find those not participating but who can, those without an age-appropriate investment allocation, those burdened by loans and unable to save, and those not achieving person returns consistent with a long-term saving strategy.
Saves Time: No More PowerPoints!
PlanAnalytics, plan advisors can stop spending time researching and building plan review spreadsheets and presentations and more time advising clients using relevant, actionable reports to build relationships, revenue and healthy plans.
Target Date Fund Analysis
PlanAnalytics shows you how participants are invested in TDFs and whether they’re invested right. Easily find participants with multiple TDFs, or a TDF and several non TDFs.
Anytime, Anywhere Plan Management
Retirement plan sponsors, advisers and administrators today want anytime, anywhere financial management for their plans. With PlanAnalytics and its OneClick Dasboard, you can effectively meet their demand by delivering robust functionality across a rage of devices- desktop and notebook computer, tablet, and smartphone.
Know What’s Trending
PlanAnalytics keeps track of how certain Key Plan Metrics change over time, for example participation rates, contribution rates, median personal rates of return, and alerts business users to the possible need to take corrective action.