Union Banks Drills Deep: Looking out for the Little Guy

by Tony Pennino

401kWire.com Daily, September 17, 2001
partial reprint; contact 401kWire.com for complete article.

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

To receive a fax copy of the complete text, call Pension Systems Corporation at (800) 660-0050.