PAS!

RCG is Proud to Announce Another Innovative Differentiator

By Cheryl A. Einsele
Executive Vice President & Chief Operating Officer
Retirement Capital Group, Inc.

RCG is proud to announce its Plan Administration Solutions, also known as PAS. PAS is another innovative differentiator from RCG.

Historically nonqualified plan administration services are part of a package offered by nonqualified executive plan providers.

RCG unbundles its administration services, presenting its clients with the flexibility to choose a particular administrator. Clients of RCG not only have the opportunity to work with renowned experts on the plan design, security, and funding of their plan, but they also select from some of the finest third-party administrators (TPAs) in the industry.

In addition, RCG offers its clients the opportunity to continue working with their current 401(k) and payroll provider. Not only does this provide participants with seamless benefit statements, but RCG also helps companies save money on plan service costs.

How does PAS work?

RCG has created a proprietary database of TPAs, and each TPA has been comprehensively reviewed by RCG. The review process is extensive and includes a detailed Request for Proposal, sites visits, and more. RCG screens and monitors its TPAs based on:

Stability - Staff turnover and management strengths/length of service;
Experience - Expertise and service experience in nonqualified plan administration; and
Technology - Flexibility of the plan administration system and level of security.

Ongoing monitoring includes annual plan sponsor and participant surveys (more if desired), and meetings with each TPA to assess its consistency of offerings and to rate its performance against similar firms.

RCG offers web-based plan administration solutions.

Daily account valuation
Real time, online reports for plan sponsor and participants
Automatic dollar cost averaging capability of plan participants
Technology to track mutual funds, stocks, and interest rates
Technology to track an unlimited number of vesting schedules and contribution sources
Display and tracking of multiple distribution elections and balances
Daily asset/liability matching services
Ability to research information on deemed investment options
Online enrollment
Customized plan reallocation schedules
Integration of nonqualified defined benefit plan and defined contribution plan on one platform
Integration of nonqualified and qualified plans on one technology platform

RCG clients have a choice.

Each TPA in RCG's PAS has a different approach to plan administration: some are focused on technology; others are focused on client service, etc. After working with its clients on state-of-the-art plan design, RCG is knowledgeable about each and every client's culture and unique needs and can assist with the selection of a TPA accordingly.

RCG selects at least four finalists from its database of TPAs from which clients are able to choose. An RCG client can be confident its TPA of choice is comprehensively reviewed by RCG, and that RCG continues to monitor its selection for the life of the plan.

RCG is revolutionizing plan administration.

At the forefront of RCG's PAS is quality-focused service and preeminent technology offerings. Service and technological advances are essential components of PAS, and RCG is delighted to provide this new level of expertise to its clients. For more information about PAS, please contact RCG's Vice President of Plan Administration, Bo Lee at blee@retirementcapital.com or 858.677.5900.