In today’s retirement plan environment, the recordkeeping function is especially critical. In fact, recordkeeping is the backbone of the participant-directed system that prevails today.
KTRADE’s record-keeping role includes:
- Expertly managing all aspects of contributions, distributions, and other financial activity within the plan
- Executing daily trade instructions
- Maintaining the participant and plan-sponsor Web sites
- Providing quarterly benefit statements
- Availability of on-demand statements and other reports for both the employer and participants
- Providing enrollment materials
- Interfacing with the TPA to provide needed data for compliance testing, reporting and other important administrative functions
Web Based Services
EMPLOYER BENEFIT
- A Provides self-service option to our high-touch approach when you need answers quickly
- Provides a secure gateway to process payroll contributions quickly and easily
- A single place to find answers to help your employees
- A convenient portal for all your reporting needs; get the reports you want, when you want with our on-demand reporting feature
- Provides for an easy online enrollment process for new hires
- Provides a macro view of the plan with the ability to drill down to the individual participant level when needed
- Provides a clear view to all financial activity affecting the plan
PARTICIPANT BENEFIT
- Quick, easy way to view all information and activity affecting them within the plan
- Ability to add/modify beneficiary designations
- Provides complete control over investment elections and changes
- Provides an option for self-directed brokerage account for maximum investment flexibility
- Complete control of financial transactions such as fund transfers, re-balance instructions, loan requests, etc.
- Updated fund and account performance information
- A convenient portal for all your reporting needs; get the reports you want, when you want with our on-demand reporting feature