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

Posted On: May. 4, 1997 12:00 AM CST

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San Diego Associates Inc.
3550 Camino del Rio N., Suite 206, San Diego, Calif. 92108; 619-283-7800; fax: 619-283-8686
Staff
Total7
Involved in 401(k) plan services4
Clients
Total100
Receiving unbundled services50
Receiving bundled services50
Average participants/plan250
Minimum participants/plan10
Maximum participants/planUnlimited
1996 revenues
Total$1,000,000
401(k) plan administration$400,000
Services began: 1984.
Software: Written and maintained in-house, 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 legal issues, plan design issues, compliance issues, employee communications. Manages investment of 401(k) plan funds.
Service area: Nationwide.
Locations: Administrative/consulting offices in Laguna Hills, Calif.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.
Officers: David N. Peterson, president; Bruce N. Kesler, director.
Contact: Bruce N. Kesler.
Schloss & Co.
1400 Old Country Road, Suite 310, Westbury, N.Y. 11590;
516-333-2800; fax: 516-333-2889
Staff
Total65
Involved in 401(k) plan services50
Clients
Total225
Receiving unbundled services225
Average participants/plan100
Minimum participants/plan10
Maximum participants/planUnlimited
1996 revenues
Total$5,000,000
Services began: 1981.
Software: Purchased from outside vendor, accommodates 20 investment funds and 15 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.
Service area: Nationwide.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.
Officers: Eugene Schloss, president; David Dorfman, Elaine Enis, Andrew Zimny, William Buckheit, vps.
Sedgwick Noble Lowndes
1000 Ridgeway Loop Road, Memphis, Tenn. 38120; 901-761-1550; fax: 901-684-4075
Staff
Total750
Involved in 401(k) plan services100
Clients
Total500
Receiving unbundled services440
Receiving bundled services60
Average participants/plan375
Minimum participants/plan100
Maximum participants/plan5,000
1996 revenues
Total$87,000,000
Services began: 1981.
Parent: Sedgwick Group P.L.C.
Software: Leased from outside vendor, accommodates 30 investment funds and 20 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, communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communications. Other services include asset consulting, supplemental retirement plans.
Service area: Nationwide.
Locations: Administrative/consulting offices in Irvine and San Francisco, Calif.; Atlanta; Chicago; Boston; Roseland, N.J.; Melville and Rochester, N.Y.; Portland, Ore.; Philadelphia.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.
Officers: Kenneth G. Martin, chairman/CEO; James B. Wiertelak, CFO; John Moreno, client development director; Susan T. Gilbert, client/technical services director.
Contact: Mary E. Simcox, national practice leader-defined contribution services, 201-533-4500.
Sentinel Benefits Group Inc.
107 Audubon Road, Building 2, Wakefield, Mass. 01880; 617-246-9050; fax: 617-246-9054
Staff
Total33
Involved in 401(k) plan services25
Clients
Total300
Receiving unbundled services170
Receiving bundled services130
Average participants/plan100
Minimum participants/plan20
Maximum participants/plan2,500
1996 revenues
Total$2,000,000
401(k) plan administration$1,000,000
Services began: 1987.
Software: Purchased from outside vendor, accommodates 60 investment funds and 10 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.
Service area: New England.
Charges: Determined by number of participants, complexity of plan, frequency valuations.
Officers: Rob DiMase, principal-sales; Anthony Carneva, principal-operations; Joshua Meltzer, principal-compliance.
SIEBA Ltd.
111 Grant Ave., P.O. Box 5000, Endicott, N.Y. 13760-5000; 800-252-4624 or 607-786-3003;
fax: 607-786-3437
Staff
Total40
Involved in 401(k) plan services7
Clients
Total22
Receiving unbundled services12
Receiving bundled services10
Average participants/plan75
Minimum participants/plan1
Maximum participants/plan1,000
Services began: 1989.
Software: Purchased from outside vendor, accommodates unlimited investment funds and three 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.
Service area: Upstate New York.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.
Officers: Richard G. DoBell, president; Marc Marion, vp; Diana C. DoBell, treasurer.
Contact: George M. Bush, manager-pension/insured products.
J.E. Stone & Associates Inc.
5555 San Felipe, Suite 1100, Houston, Texas 77056; 713-622-8930;
fax: 713-622-6705
Staff
Total50
Involved in 401(k) plan services10
Clients
Total40
Receiving unbundled services30
Receiving bundled services10
Average participants/plan2,500
Minimum participants/plan50
Maximum participants/planUnlimited
Services began: 1987.
Software: Purchased from outside vendor, accommodates 99 investment funds and 99 types of contributions.
Administration: Cash and full share accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-discrimination tests.
Client support: 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.
Service area: Nationwide.
Locations: Administrative/consulting offices in Austin and Dallas, Texas.
Charges: Determined by number of participants, complexity of plan, time and expense, frequency valuations.
Officers: James E. Stone, director; John E. Ford, managing director; Kenneth L. Haynes, Thomas F. McCord, C. Phil Peters, Peggy J. Pfister, principals.
Swerdlin & Co.
5901 Peachtree Dunwoody Road, Building B, Suite 170, Atlanta,
Ga. 30328; 770-396-6601;
fax: 770-698-9335
Staff
Total27
Involved in 401(k) plan services15
Clients
Total200
Receiving unbundled services200
Average participants/plan150
Minimum participants/plan1
Maximum participants/plan10,000
1996 revenues
Total$1,750,000
401(k) plan administration$600,000
Services began: 1983.
Software: Purchased from outside vendor, 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.
Service area: Nationwide.
Charges: Determined by number of participants, complexity of plan, time and expense, frequency valuations.
Officers: Dorn Swerdlin, president/CEO; Anthony Brizzolara, executive vp/COO; Joanne Swerdlin, executive vp/director-marketing.