Business value gained by consolidating to a single web site
We all need to be up to speed on a multitude of requirements for administering our 403(b) plans, including providing increased transparency of plan fees and costs, creating a clear audit trail that documents how and why we make decisions related to our plans, and complying with more stringent fiduciary responsibilities.
Easily share your information in a secure manner with an accountant or bookkeeper and gain more control over your budgets and cashflow.
This information allows managers to get a big picture view of the organization against critical metrics, identify opportunities for expansion, and see where improvements are needed.
Dashboards consolidate and arrange numbers, Key Performance Indicators (KPIs), and sometimes performance scorecards on a single screen, tailored for C-level executives and managers.
The tremendous success and popularity of the 401(k) plan has now rocked the quiet 403(b) plan world.
New Internal Revenue Service (IRS) regulations that generally were effective on Jan.