Corporate 401k TPA, Web-based Automation

2. What is Vantage401(k)
Vantage401(k) is a turn-key retirement plan
product with complete back-office administration
and compliance services for employers who
sponsor retirement plans.
Vantage401(k) provides:
Automation
Open Architecture
Daily Administration & Compliance Services
Fiduciary Compliance Package

3. Vantage401(k) Automation
Vantage401(k) automation provides:
Employer online access to
Participant Demographics
Plan Reports & Plan Documents
Census/Contribution upload and reconciliation
Automated signature ready 5500
Employee online access to
Education
Retirement Planning
Enrollment
Account management
Integrated Systems
Retirement Administration system, including DB plans
Section 125 Administration system
Trust Accounting system
Documentation system
Online enrollment system

4. Vantage401(k) Open Architecture
Vantage401(K)’s Open Architecture provides:
Access to over 7500 funds from 300 Fund Families
Self Directed Brokerage Account (optional)
Unitization capabilities that allow ETF portfolios
Removes the inherent conflict of interest that exists in most provider’s plans
today
Allows the plan sponsor and adviser to select best in class investments
that better serve the participants needs

5. Vantage401(k)
Daily Admin & Compliance Services
Vantage401(k)’s Daily Admin & Compliance Services include:
Daily administration services
Determine eligibility, calculate and allocate contributions, distributions, forfeitures,
and gains & losses
Value participant accounts daily
Provide weighted account balances and census audit trails
Loan processing
Reporting
Compliance Services
Design consultation
Plan documentation
Compliance testing including ADP/ACP, IRC 415 & 416, Age Weighted and New
Comparability, and 401(a)/410(b)
Signature ready form 5500

6. Vantage401(k) Fiduciary
Compliance Package
Vantage401(k)’s Fiduciary Compliance Package
provides:
A fiduciary evaluation and implementation process that
offers long-term added value and reduced potential for
a large adverse judgment against the plan as a result of
poor investment decisions.
Vantage401(k)’s competitive advantage
Provides a documented investment selection process
Adviser assists the Plan’s investment committee in designing a
participant investment menu that includes best in class funds
within multiple asset classes
Includes a Model Investment Policy Statement
Offers Quarterly/Annual investment reviews

7. Vantage401(k) Competitors
Vantage401(k) competitors include Fund Companies and
Insurance Companies:
Bundled Providers
Schwab, John Hancock, Principal, Nationwide
Limited investment options
Conflict of interest (Biased) trying to sell their funds/annuities
Hidden charges; provider presents free administration but takes
fees listed as “expense ratio” assessed to funds selected by the
participant (fund company) or “wrap fee” based on total assets
(insurance Company). In either case, fees collected by bundled
providers are always charged to the participants account and
currently have little or no disclosure requirements to the plan
fiduciaries or the participants
In-house legacy technology systems

8. Vantage401(k) Overview
Vantage401(k) Provides:
Investment Offering: Includes over 7500 funds from 300
fund families, ETF’s and an SDBA option
Investment Education & Retirement Planner: An
interactive web-based self help tool that explains the potential
risks and rewards of investing and guides the participant
through a detailed risk assessment and retirement planning
session
Strategy Builder: Offers portfolio strategy recommendations
to participants using an automated Monte-Carlo simulation
based on their risk tolerance score
Third Party Administration: provide daily record keeping,
discrimination testing, and IRS/DOL reporting to ensure plan
compliance with IRS and DOL regulations
Customer Service: Access to knowledgeable ERISA
customer service staff via the web, Voice Response Unit
(VRU), and toll free 800 number

9. The Value to Plan Sponsors
Open architecture platform provides control over
the investment options and reduces potential
liability
Economical and Transparent; No hidden charges
Unbiased guidance; No hidden commissions,
aligns the adviser’s interest with plan participants
goals
Efficient Internet web-based platform for
enrollment, account management, and record
keeping
Convenient, user friendly system accessible via
Internet, Voice Response Unit (VRU) and toll free
800 number

10. Vantage401(k) Competitiveness
Typical Fee structure: Vantage401(K) Fee structure:
Participant Fee Participant Fee
Investment Mgmnt Fee: Investment Mgmnt Fee:
.20%-1.00%
.08%-1.00%
Admin & Record Keeping: Admin & Record Keeping:
.20%-.50% $4.00- $12.00 per quarter
Plan Level Fee
Plan Level Fee
Admin & Record Keeping:
Admin & Record Keeping:
.20%-.25%
.25-.50%
Broker/Advisor Fee: Broker/Advisor Fee:
.25%-.50%
.25-.50%
Fees Paid directly by Plan Fees Paid directly by Plan
Sponsor for set-up
Sponsor for set-up
Plan Setup:$2,000-
Plan Setup:$625-$2,000
$15,000

11. Vantage Benefits Sungard
Administrators Transaction
Network
(TPA)
(Technology)
Penson
(Custodian)