Union Bank of California has joined forces with
Pension Systems Corporation. to develop an online 401(k) plan administration
service...
"Features include point-and-click plan
compliance testing, participant account access, educational materials,
and online enrollment seminars..."
"The small business market has been grossly
underserved by the pension administration industry. We are please with
Union Bank of California's decision to develop this unique Web-based
401(k) service to deliver full featured, self-service 401(k) plans to
small business which will potentially save clients 60% to 80% a year off
traditional plan administration costs," added Jim Gilbert,
president of Pension Systems Corporation