We're with you every step of the way.
We provide support for your plan through each
phase of administration—from developing
your plan's conversion strategy to consulting
with you about plan design and ways to make
plan operations more efficient.
Time-tested conversion process.
The process of plan conversion requires
careful planning and precise execution. With
an average of 16 years in the industry,
Schwab's Conversion Managers have the
expertise and experience to help ensure a
seamless implementation of your conversion
plan. And at each stage of the process, our
dedicated Conversion Quality Assurance
group will be testing and monitoring the set-up
of your plan to make sure it's in
compliance with your plan document.
We keep participants informed.
We'll help support your plan with employee
communications that may include newsletters,
postcards, enrollment meetings, schWEBcasts,
electronic communications and more.
Dedicated conversion website.
Our conversion Web site can be customized to
your company's look and feel, and can
provide timely and essential information to
your participants during the crucial transition
period. It can also help you:
- Provide detailed information on conversion
timing and fund-mapping plans
- Comply with Sarbanes-Oxley legislation
- Establish a single point of entry for all your
employee benefits, including health and
welfare benefits
We can help simplify the compliance process.
Navigating Employee Retirement Income
Security Act (ERISA) guidelines and DOL rules
can be a complex process. Your Schwab ERISA
compliance team will consult with you so your
plan stays within those guidelines. In addition
to preparing signature-ready tests, they perform
average benefit testing and are experts in highly
specialized cross-tested design-based plans.
Technology that helps streamline plan administration.
Our proprietary systems provide the accurate,
timely reports you need on quarterly
administration, participant demographics and
participant activity. And we continually work
to develop system enhancements such as:
- Online beneficiary maintenance
- Payroll service enhancements
- Paperless distributions
Our Sponsor Report Center delivers the
information you want, how and when you
want it. You can:
- Schedule and run reports on demand
- Analyze your plan data according to
multiple demographic categories
- Produce full-color charts and graphs to
illustrate plan performance and dynamics
With our online Sponsor Report Center, you can create customized
reports in seconds—complete with colorful charts and graphs.
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