DIRECTORY OF 401(K) PLAN ADMINISTRATORS (PART TWO OF SIXTEEN)

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Benefit Administration Corp.
770 E. Shaw Ave., Suite 200, Fresno, Calif. 93710; 209-225-3030;
fax: 209-225-6837
Staff
Total40
Involved in 401(k) plan services4
Services began: 1995.
Software: Leased from outside vendor, accommodates 24 investment funds and nine types of contributions.
Administration: Cash and unit value accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: Toll-free service to request account activity, communication of plan features to employees. Consults on plan design issues, compliance issues, employee communications.
Service area: Southwest.
Charges: Determined by number of participants, time and expense, frequency valuations.
Contact: Randolph A. Buresh, vp.
Benefit Concepts Inc.
115 Glastonbury Blvd., Glastonbury, Conn. 06033; 860-633-5283;
fax: 860-659-6757
Staff
Total100
Involved in 401(k) plan services35
Clients
Total185
Receiving unbundled services175
Receiving bundled services10
Average participants/plan525
Minimum participants/plan50
Maximum participants/planUnlimited
1996 revenues
Total$12,000,000
401(k) plan administration$3,000,000
Services began: 1982.
Parent: USI.
Software: Leased from outside vendor, accommodates 999 investment funds and 99 types of contributions.
Administration: Cash and unit value accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: Daily valuations, toll-free service for account balance inquiries, toll-free service to request account activity, communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues. Manages investment of 401(k) plan funds. Other services include 403(b) administration, extended outsourcing, ESOP consulting and administration.
Service area: Nationwide.
Charges: Determined by number of participants, complexity of plan, assets under management, frequency valuations.
Officers: Brian Whitney, president/CEO; William Tremko, executive vp; William Husic, Rob Plante, Bob Cross, senior vps.
Contact: William Husic.
Benefit Dynamics Inc.
10 Grove St., Cherry Hill,
N.J. 08002; 609-662-7100;
fax: 609-662-7228
Staff
Total25
Involved in 401(k) plan services9
Clients
Total130
Receiving unbundled services105
Receiving bundled services25
Average participants/plan110
Minimum participants/plan20
Maximum participants/plan25,000
1996 revenues
Total$1,540,000
401(k) plan administration$325,000
Services began: 1982.
Software: Purchased from outside vendor, accommodates 25 investment funds and eight types of contributions.
Administration: Cash, unit value and full share accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: Daily valuations, toll-free service for account balance inquiries, toll-free service to request account activity, communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communications. Manages investment of 401(k) plan funds. Other services include individual voice response system, electronic enrollment, daily valuation system, defined benefit and defined contribution paired-plan administration.
Service area: Nationwide.
Charges: Determined by number of participants, complexity of plan, frequency valuations.
Officers: Jo-Ann Massanova, president; Carmen LaVerghetta, vp.
Contact: Mark Moran.
Benefit Equity Plans Inc.
1971 E. Fourth St., Suite 100, Santa Ana, Calif. 92705; 714-480-1364; fax: 714-480-1365
Staff
Total18
Involved in 401(k) plan services15
Clients
Total525
Receiving unbundled services525
Average participants/plan80
Minimum participants/plan25
Maximum participants/planUnlimited
Services began: 1989.
Software: Leased from outside vendor, accommodates unlimited investment funds and 10 types of contributions, software may be used by clients in-house.
Administration: Cash, unit value and full share accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: Daily valuations, toll-free service for account balance inquiries, communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communications.
Service area: Arizona, California, Nevada.
Locations: Administrative/consulting offices in Santa Ana and San Diego, Calif.
Charges: Determined by number of participants, complexity of plan.
Officers: Robert H. Gorelick, president.
The Benefits Group
6450 Rockside Woods Blvd. S., Cleveland, Ohio 44131; 216-328-1300; fax: 216-328-1309
Staff
Total65
Involved in 401(k) plan services29
Clients
Total450
Receiving unbundled services20
Receiving bundled services430
Average participants/plan150
Minimum participants/plan1
Maximum participants/planUnlimited
Services began: 1981.
Software: Purchased from outside vendor, accommodates unlimited investment funds and unlimited types of contributions.
Administration: Cash, unit value and full share accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: Daily valuations, toll-free service for account balance inquiries, toll-free service to request account activity, online access, communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communications. Manages investment of 401(k) plan funds. Other services include registered investment advisor services, non-qualified programs, retirement planning seminars and plan documents.
Service area: Nationwide.
Locations: Administrative/consulting offices in Cleveland and Columbus, Ohio.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.
Officers: Charles J. Farro, chairman/CEO; Joseph R. Crea, president.
Contact: James S. Vitalie, 216-520-6167 or Anthony J. McMasters, 216-520-5014.
Benefits+PPA
5435 Corporate Drive, Troy,
Mich. 48098; 810-641-7525;
fax: 810-641-7430
Staff
Total50
Involved in 401(k) plan services50
Clients
Total580
Receiving unbundled services280
Receiving bundled services300
Average participants/plan75
Minimum participants/plan25
Maximum participants/planUnlimited
1996 revenues
Total$5,000,000
401(k) plan administration$1,800,000
Services began: 1983.
Software: Purchased from outside vendor, accommodates unlimited investment funds and unlimited types of contributions.
Administration: Cash, unit value and full share accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: Daily valuations, toll-free service for account balance inquiries, toll-free service to request account activity, online access, communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communications. Manages investment of 401(k) plan funds. Other services include individual employee meetings every six months.
Service area: Nationwide.
Charges: Determined by number of participants, assets under management.
Contact: Mark Wayne, president/CEO.
Boyce & Associates Inc.
5040 E. Shea Blvd., Suite 158, Scottsdale, Ariz. 85254; 602-948-8879; fax: 602-948-0448
Staff
Total13
Involved in 401(k) plan services9
Clients
Total85
Receiving unbundled services85
Average participants/plan45
Minimum participants/plan1
Maximum participants/plan5,000
1996 revenues
Total$810,000
401(k) plan administration$288,000
Services began: 1989.
Software: Purchased from outside vendor, accommodates unlimited investment funds and 999 types of contributions.
Administration: Cash, unit value and full share accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: Communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communications. Other services include plan documents and employee education.
Service area: Nationwide.
Charges: Determined by number of participants, complexity of plan, time and expense, frequency valuations.
Contact: Kerry M. Boyce, president.
Buck Consultants Inc.
2 Pennsylvania Plaza, New York, N.Y. 10121-0047; 212-330-1000;
fax: 212-695-4184
Staff
Total2,580
Involved in 401(k) plan services180
Clients
Total450
Average participants/plan850
Minimum participants/plan1
Maximum participants/planUnlimited
1996 revenues
Total$228,000,000
Services began: 1981.
Parent: Mellon Bank Corp.*
Software: Written and maintained in-house, accommodates unlimited investment funds and unlimited types of contributions, software may be used by clients in-house.
Administration: Cash, unit value and full share accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: Daily valuations, toll-free service for account balance inquiries, toll-free service to request account activity, online access, communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communications. Manages investment of 401(k) plan funds through an alliance program. Other services include voice response sytems/services; defined contribution, defined benefit and health and welfare outsourcing; participant service center; integrated data system; investment supervisory services; plan document preparation; pre-retirement and financial planning seminars/system; employee investment education material/consulting
Service area: Nationwide.
Locations: Administrative/consulting offices in 29 locations nationwide.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.
Officers: William E. Giegerich, chairman; Joseph A. LoCicero, president/CEO; Maureen O'Malley, national director-administrative services group.
Contact: Ed Gadowski, 201-902-2565 or Pamela Stewart, 201-902-2558.
**Buck Consultants Inc. and Mellon Bank Corp. have signed a definitive agreement for Mellon to acquire Buck.
Business Benefits Corp.
9801 Westheimer Road, Suite 1070, Houston, Texas 77042; 713-781-9242; fax: 713-781-7330
Staff
Total9
Involved in 401(k) plan services3
Clients
Total55
Receiving unbundled services55
Average participants/plan43
Minimum participants/plan1
Maximum participants/plan300
1996 revenues
Total$500,000
Services began: 1982.
Software: Purchased from outside vendor, accommodates unlimited investment funds and unlimited types of contributions.
Administration: Cash, unit value and full share accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: Daily valuations*, toll-free service for account balance inquiries*, toll-free service to request account activity, communication of plan features to employees. Consults on plan design issues, compliance issues, employee communications.
Service area: Texas and surrounding states.
Charges: Determined by number of participants, complexity of plan, frequency valuations.
Officers: Jim Smith, president; Tom Townsend, vp-marketing.
Contact: Tom Townsend.