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

Reprints

N

National Benefit

Consultants Inc.

28800 Orchard Lake Road, Suite 210, Farmington Hills, Mich. 48334; 810-539-4000; fax: 810-539-4012

Staff

Total25

Involved in 401(k) plan services7

Clients

Total750

Receiving bundled services750

Average participants/plan50

Minimum participants/plan10

Maximum participants/plan2,000

Services began: 1981.

Software: Written and maintained in-house, accommodates 99 investment funds and 20 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 defined benefit and defined contribution plan administration, insurance investment and estate planning.

Service area: Nationwide.

Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.

Officers: Harold H. Lambert, president; Brian V. Stevens, secretary/treasurer; Michael T. Stacey, vp.

Contact: Michael T. Stacey, 810-539-4000 ext. 1245.

Northeast Benefit

Plan Services

P.O. Box 703, Milford,

Mass. 01757; 508-478-6214

Staff

Total2

Involved in 401(k) plan services2

Clients

Total24

Receiving unbundled services24

Average participants/plan20

Minimum participants/plan5

Maximum participants/plan250

Services began: 1990.

Software: Record keeping provided by third party, accommodates 10 investment funds and six types of contributions.

Administration: Cash 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.

Service area: New York; Mid-Atlantic, New England.

Locations: Administrative/consulting offices in Columbia, Conn; Milford, Mass.

Charges: Determined by number of participants, complexity of plan, time and expense, frequency valuations.

Officers: J. Paul Freniere, principal; Robert J. Bogue, associate.

Contact: J. Paul Freniere.

Northern Trust Retirement Consulting Inc.

400 Perimeter Center Terrace, Suite 850, Atlanta, Ga., 30346; 770-395-9880; fax: 770-512-6320

Staff

Total294

Involved in 401(k) plan services193

Clients

Total156

Receiving unbundled services134

Receiving bundled services22

Average participants/plan5,550

Minimum participants/plan250

Maximum participants/planUnlimited

Services began: 1981.

Parent: The Northern Trust Co.

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. Other services include strategic consulting, process engineering, actuarial services, pension calculation systems, benefit statements, retirement modeling, trust services, investment consulting.

Service area: Nationwide.

Locations: Administrative/consulting offices in Atlanta; Chicago; Seattle.

Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.

Officers: James G. Pope, president; Dennis F. Sain, executive vp; David Parsons, principal actuary; Barry Young, consulting actuary; Sue Karch, director-recordkeeping services.

Contact: Dennis F. Sain.

The Nyhart Co. Inc.

3505 N. Washington Blvd., Indianapolis, Ind. 46205; 317-923-2391; fax: 317-926-3303

Staff

Total110

Involved in 401(k) plan services18

Clients

Total58

Receiving unbundled services58

Average participants/plan500

Minimum participants/plan1

Maximum participants/planUnlimited

Services began: 1981.

Software: Purchased from outside vendor, accommodates 20 investment funds and 15 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 legal issues, plan design issues, compliance issues, employee communications.

Service area: Nationwide.

Locations: Administrative/consulting offices in Evansville, Ind.

Charges: Determined by number of participants, complexity of plan, time and expense, frequency valuations.

Officers: Daryl Dean, president/CEO; Jeffrey S. Line, vp/general counsel; Nancy Pitt, vp-defined contributions; Jay Hanselmann, vp/chief actuary; Grace Stewart, vp-administration; Gary Chattin, regional vp.