ExpertPlan Introduces New Retirement Plan Products

Feb 01, 2001, 00:00 ET from ExpertPlan

    CRANBURY, N.J., Feb. 1 /PRNewswire/ --  ExpertPlan, the first
 Internet-based provider of 401k plan solutions, has introduced three new
 retirement plan products designed to provide financial professionals with
 greater flexibility and the most robust options when customizing retirement
 plans for clients of varying sizes.  Based on company plan participant size
 and asset value, ExpertPlan's new 401k products -- VentureK, HorizonK and
 FortuneK -- allow financial professionals to tailor plans to clients' needs,
 while continuing to provide low-cost, online turnkey retirement plan
     All three new retirement plans offer a variety of fund families from which
 financial professionals and plan sponsors may choose.  And, all three
 feature only funds that offer A shares at NAV.  ExpertPlan's VentureK is
 designed for small, but dynamic companies with less than 100 employees
 seeking a reliable, but cost-effective solution to their retirement plan
 needs.  ExpertPlan's HorizonK is designed to meet the needs of small to
 mid-size companies with 100 or more eligible employees or more than
 $1 million in assets.  ExpertPlan's FortuneK is designed to meet the needs of
 established companies with plan assets exceeding $4 million.
     Over 30 leading fund families are partnering with ExpertPlan, including
 AIM, Alliance, American Funds, American Skandia, Davis, Eaton Vance,
 Federated, First American, Deutsche Funds, Flag Investors, Franklin Templeton,
 Goldman Sachs, ING/Pilgrim, Liberty Funds, Nike Securities, Oppenheimer,
 Scudder/Kemper, State Street Research, among others.
     Drawing on a wealth of experience in the financial services and IT
 sectors, ExpertPlan has developed the technology to offer turnkey retirement
 planning products so that financial professionals, such as broker dealers,
 fund companies, financial advisors, banks and insurance companies, may
 profitably address the vast small to mid-size business retirement planning
 segment.  ExpertPlan's "Business Service Provider" model provides full
 service, robust, scalable online set-up, record keeping, discrimination
 testing, and transaction management services.  Its web-based "self service"
 model empowers plan participants to direct their own accounts, which
 eliminates third-party errors, and reduces costs and the administrative
 burdens on the financial professional and the plan sponsor.
     About ExpertPlan
     ExpertPlan ( ) is the first Internet-based
 provider of retirement plan solutions, which enables financial professionals
 to offer high-quality, low-cost retirement plans to meet the needs of their
 clients.  ExpertPlan was founded in 1999 by core members of the information
 systems management team from one of the world's largest financial services
 corporations, and is located at 50 Millstone Road, Building 400, Suite 100,
 Cranbury, NJ  08512, 609-918-2500.
     CONTACT:  Lisa Rhodes, Director of Public Relations of Atlantic Group for
 ExpertPlan, 203-840-4984, or fax 203-840-4985, or .
     This release was issued through - Your Business Workshop
 For more information, visit

SOURCE ExpertPlan