ALISO VIEJO, Calif., March 16, 2011 /PRNewswire/ -- vWise Inc. today announced that its implementation of SmartPlan Enterprise for MGM and The Hartford on the DST Trac recordkeeping system has been awarded a first-place Eddy Award by Pensions & Investments.
"We are proud that SmartPlan Enterprise has earned this prestigious first-place Eddy award. We worked closely with The Hartford, MGM and DST to create a custom version of SmartPlan Enterprise that meets the plan education and engagement needs of MGM, with a large employee population spread across dozens of properties nationwide. And judging from this award, it appears we have succeeded," remarked vWise President Tony Mingo.
About SmartPlan Enterprise
Designed to help average investors better understand their retirement plans, SmartPlan Enterprise provides the benefits of a personal financial professional, in a website available 24/7/365. By combining a video-based presentation of detailed financial information with an interactive application that prompts users to make informed investment decisions, SmartPlan Enterprise can help increase plan enrollment, raise participant contribution levels, and reduce support costs.
The SmartPlan Enterprise participant environment features a familiar interface that makes it easy to navigate, even for novice users, and allows a participant to go at his or her own pace. Our video hosts offer a brief video overview of 401(k) basics, followed by a discussion of selected features, such as auto-enrollment, matching contributions, and loans. Then, using simple interactive forms, our video hosts then guide participants through a short process, including individual retirement needs and risk profile surveys, and selection of investment types and contribution amounts, that generates a personalized investor profile. The SmartPlan Enterprise system is integrated with a provider's participant database, to deliver a custom experience and allow upload of participant choices.
About MGM Resorts International
MGM Resorts International is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. For more information about MGM Resorts International, visit the Company's website at http://www.mgmresorts.com.
About The Hartford
Celebrating 200 years of helping its customers achieve what's ahead, The Hartford is an insurance and wealth management company. More information on the company and its financial performance is available at http://www.thehartford.com.
vWise is a leading developer of rich-media Internet applications based upon its E3 (that's E-Cubed) architecture. Its SmartPlan solutions serve the defined contribution markets with a proprietary mix of video and interactive technologies to help employees better understand complex information and make personalized choices. For more information, visit http://www.vwise.com.
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SOURCE vWise Inc.