Daily Valuation and Recordkeeping
Baden Retirement Plan Services is an independent third party administrator (TPA) that uses the Relius Recordkeeping and Compliance Software System, along with various trading platforms, to provide employers (plan sponsors) with daily valuation services for tax qualified defined contribution plans such as 401(k) plans. This system allows a plan sponsor to diversify their investment choices among a multitude of fund families.
Quarterly reports and informational newsletters are provided to our clients, including:
Employers (plan sponsors) and employees (plan participants) can access their information through the www.badenrps.com website or our toll-free telephone account access system.
Plan Sponsor Web Module - for Employer and Financial Advisor Use
The Plan Sponsor Web Module is equipped with features that automate processes for plans sponsors and financial advisors and investment advisors. This secure Web Module allows authorized users to:
- Link to Morningstar, a leading fund analysis source
- Submit payroll data files online
- Submit new enrollment data
- View plan financial totals by investment and source
- View plan financial totals by individual account
- View employee count by participant category
- Download, view or print records or other documents posted for the plan sponsor and financial advisor and investments advisor
- Link to participant information with the same options and data available in the Participant Web Module
- Make changes on behalf of a participant
- Add or change the plan sponsor's logo that appears on the Web
Participant Web Module - for Employee Use
The Participant Web Module allows plan participants to access their accounts to perform functions quickly and easily via the Internet. The following is a representative list of functions available on the Participant Web Module:
- View account balances by fund and money source
- View individual rates of return per fund or overall
- Link to Morning star, a leading fund analysis source
- Ability to download administrative forms
- View vested and total account balance and outstanding loan balance
- View pending trades
- View and sort all posted activity by date range within the current plan year and by activity type
- Re-align existing account balances to match current allocation
- Re-align existing account balances to a target mix/percentage different than current allocation
- Initiate fund-fund transfers
- Review current investment elections
- Change allocations for future contributions
- Review existing loans or model a new loan
- View general information posted by the plan sponsor (employer)
All of the Participant Web Module features can be turned on/off on a plan-by-plan basis.
For more information, contact Tom Ackmann at (260) 969-2677 or use our Contact Us form to e-mail your inquiry.