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

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C
CalTrust
3080 S. Bristol, Second Floor, Costa Mesa, Calif. 92626; 714-437-1012; fax: 714-437-4065
Staff
Total148
Involved in 401(k) plan services53
Clients
Total220
Receiving unbundled services220
Average participants/plan180
Minimum participants/plan1
Maximum participants/planUnlimited
1996 revenues
Total$12,140,000
Services began: 1988.
Parent: CNA Financial Corp.
Software: Purchased from outside vendor, accommodates 250 investment funds and 100 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.
Service area: Nationwide.
Locations: Administrative/consulting office in San Francisco.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.
Officers: Renate Renfro, president; John Brown, Al Antignolo, senior vps; Sophia Bendush, senior financial officer.
Contact: John Brown, 800-274-8798.
Carlson, Quinn & Associates
2200 Powell St., Suite 840, Emeryville, Calif. 94608; 510-420-9020; fax: 510-420-9021
Staff
Total10
Involved in 401(k) plan services10
Clients
Total150
Receiving unbundled services110
Receiving unbundled services40
Average participants/plan125
Minimum participants/plan10
Maximum participants/plan2,500
1996 revenues
Total$1,000,000
401(k) plan administration$800,000
Services began: 1994.
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 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: Brian P. Quinn, Leif T. Carlson, principals.
Contact: Brian P. Quinn.
The Chicago Trust Co.
171 N. Clark St., Mail Location RTR-10, Chicago, Ill. 60601; 312-223-2630; fax: 312-223-5731
Staff
Total85
Involved in 401(k) plan services76
Clients
Total185
Receiving unbundled services25
Receiving bundled services160
Average participants/plan350
Minimum participants/plan100
Maximum participants/plan10,000
1996 revenues
Total$7,500,000
401(k) plan administration$1,600,000
Services began: 1985.
Parent: Alleghany Corp.
Software: Leased from outside vendor, accommodates 20 investment funds per source and unlimited 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, 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 distribution outsourcing.
Service area: Nationwide.
Locations: Administrative/consulting office in Atlanta.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense.
Officers: Stuart Bilton, Terry Zirkle, Ronald Quesenberry, Robert Stuark, Karen Fischer Prange.
Contact: Mark Metz, 312-223-2578.
Columbia Benefits
Consultants Inc.
5840 Banneker Road, Suite 200, Columbia, Md. 21044; 410-740-7335; fax: 410-740-9204
Staff
Total5
Involved in 401(k) plan services3
Clients
Total105
Receiving unbundled services35
Receiving bundled services70
Average participants/plan110
Minimum participants/plan1
Maximum participants/plan5,000
1996 revenues
Total$300,000
401(k) plan administration$205,000
Services began: 1982.
Software: Purchased from outside vendor, accommodates unlimited 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, communication of plan features to employees. Consults on plan design issues, compliance issues, employee communications. Manages investment of 401(k) plan funds.
Service area: Nationwide.
Charges: Determined by number of participants, complexity of plan, time and expense, frequency valuations.
Officers: Peter F. Hibbard, president; Jodie A. Dailey, vp.
Compensation Strategies Group Inc.
2920 Toccoa Road, Beaumont,
Texas 77703; 409-898-0061;
fax: 409-898-2450
Staff
Total8
Involved in 401(k) plan services7
Clients
Total100
Receiving unbundled services100
Average participants/plan75
1996 revenues
Total$450,000
Services began: 1985.
Software: Purchased from outside vendor, accommodates 20 investment funds.
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. Other services include document preparation and submission, examination by IRS or DOL and litigation support.
Service area: Texas.
Locations: Administrative/consulting office in Fort Worth, Texas.
Charges: Determined by number of participants, complexity of plan, time and expense, frequency valuations.
Officers: Larry A. Turner, president; Logan Dickinson, vp; Vicky Holland, manager.
Contact: Larry A. Turner.
Coopers & Lybrand L.L.P.*
2100 N. Central Road, Fort Lee, N.J. 07024; 201-592-1300; fax: 201-592-9012
Staff
Total2,000
Involved in 401(k) plan services400
Clients
Total588
Receiving unbundled services588
Average participants/plan5,000
Minimum participants/plan1
Maximum participants/planUnlimited
Services began: 1981.
Software: Written and maintained in-house, accommodates 99 investment funds and 16 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. Other services include complete plan administration through voice response system and customer service center.
Service area: Nationwide.
Locations: Administrative/consulting offices in 25 locations nationwide.
Charges: Determined by number of participants, complexity of plan, time and expense, frequency valuations.
Officers: Reed A. Keller, vice chairman-Human Resource Advisory/The Kwasha Lipton Group; Robert S. Byrne, principal/president-The Kwasha Lipton Group; Frank J. Raiti, principal/managing director-Human Resource Advisory.
Contact: Katherine D'Urso, 212-259-2579.
**Includes information from The Kwasha Lipton Group.
Cordasco & Associates Inc.
P.O. Box 6607, Mobile, Ala. 36660; 334-473-0044; fax: 334-450-0203
Staff
Total8
Involved in 401(k) plan services8
Clients
Total210
Receiving unbundled services210
Average participants/plan300
Minimum participants/plan1
Maximum participants/planUnlimited
Services began: 1989
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 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: Robert Cordasco, president; Robert J. Crow, vp.
Contact: Robert Cordasco.