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

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A
AAAA Benefit Inc.
201 McCullough Drive, Charlotte,
N.C. 28262; 704-594-6270;
fax: 704-594-6290
Staff
Total 16
Involved in 401(k) plan services 10
Clients
Total 150
Receiving unbundled services 2
Receiving bundled services 148
Average participants/plan 100
Minimum participants/plan 1
Maximum participants/plan 10,000
1996 revenues
Total $1,000,000
Services began: 1984.
Parent: American Assn. of Advertising Agencies.
Software: Purchased from outside vendor, accommodates 20 investment funds and 10 types of contributions.
Administration: Cash and unit value accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-dis-crimination tests.
Client support: Daily valuations, toll-free service for account balance inquiries. Consults on plan design issues, compliance issues, employee communications. Manages investment of 401(k) plan funds.
Service area: Nationwide.
Charges: Determined by assets under management.
Officers: Donald S. Lewis, executive vp; Wendy E. Jones, senior vp; Lisa Kennedy, senior account executive.
AccuRecord Inc.
100 Executive Drive,
Edgewood, N.Y. 11717;
516-243-6400; fax: 516-243-6427
Staff
Total 46
Involved in 401(k) plan services 46
Clients
Total 723
Receiving unbundled services 135
Receiving bundled services 588
Average participants/plan 846
Minimum participants/plan 10
Maximum participants/plan Unlimited
Services began: 1982.
Software: Written and maintained in-house, accommodates 99 investment funds and 32 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, compliance issues.
Service area: Nationwide.
Charges: Determined by number of participants, frequency valuations.
Officers: George P. Chave, president; Paul Badamo, John Bradley, executive vps; Kevin P. Rooney, vp-marketing; George Pantaleo, senior vp.
Contact: Kevin Rooney, 516-243-6400 ext. 236.
Actuaries & Associates
701 S. Tyler, Amarillo,
Texas 79101; 806-373-3624;
fax: 806-373-3624
Staff
Total 17
Involved in 401(k) plan services 13
Clients
Total 700
Receiving unbundled services 700
Average participants/plan 50
Minimum participants/plan 1
Maximum participants/plan Unlimited
Services began: 1981.
Software: Purchased from outside vendor, accommodates unlimited investment funds and 10 types of contributions.
Administration: Cash and unit value accounting. Accommodates loan provisions, performs 401(k) and 401(m) non-dis-crimination tests.
Client support: Toll-free service to request account activity, online access, written communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communica-tions.
Service area: Nationwide.
Locations: Administrative/consulting of-fices in El Paso and Lubbock, Texas.
Charges: Determined by number of par-ticipants, complexity of plan, frequency valuations.
Officers: Bob Houchin, president; Jeff Houchin, Steve Houchin, consultants; Eugene Shelton, Van Shelton, plan administrators.
Actuarial & Employee
Benefit Services Co.
3481 Central Parkway, Suite 100, Cincinnati, Ohio 45223-3397;
513-872-7505; fax: 513-872-7509
Staff
Total 23
Involved in 401(k) plan services 4
Clients
Total 27
Receiving unbundled services 23
Receiving bundled services 4
Average participants/plan 39
Minimum participants/plan 1
Maximum participants/plan 1,000
1996 revenues
Total $1,900,000
401(k) plan administration $59,000
Parent: CAI Insurance Agency Inc.
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: Written communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communications.
Service area: Midwest.
Charges: Determined by number of par-ticipants, complexity of plan, frequency val-uations.
Contact: James T. Schlotman, Carl R. Schlotman.
Acuff & Associates Inc.
511 Union St., Suite 1024, Nashville, Tenn. 37219; 615-726-2410;
fax: 615-726-2009
Staff
Total 22
Involved in 401(k) plan services 12
Clients
Total 240
Receiving unbundled services 210
Receiving bundled services 30
Average participants/plan 450
Minimum participants/plan 10
Maximum participants/plan 12,000
1996 revenues
401(k) plan administration $950,000
Services began: 1991.
Software: Leased from outside vendor, accommodates 20 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, 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: Nationwide.
Charges: Determined by number of participants, assets under management, time and expense, frequency valuations.
Officers: Larry Arth, chairman/CEO; Ken Louis, president/COO; JoAnn Martin, senior vp/controller/CFO; David Moore, executive vp-group/pensions; Jon Headrick, executive vp-investments/treasurer.
Contact: Joseph Roy, 800-793-2542 or Jessie Waller, 800-745-9995.
Aon Consulting
123 N. Wacker Drive, Chicago,
Ill. 60606; 312-701-4800;
fax: 312-701-2313
Staff
Total3,200
Involved in 401(k) plan services350
Clients
Total936
Receiving unbundled services810
Receiving bundled services126
Average participants/plan833
Minimum participants/plan1
Maximum participants/planUnlimited
Services began: 1981.
Parent: Aon Corp.
Software: Written and maintained in-house, purchased from outside vendor, accommodates 40 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, online access, communication of plan features to employees. Consults on legal issues, plan design issues, compliance issues, employee communications, trustee and custodial services through alliance, financial and retirement planning, educational software, plan sponsor and participant newsletters, customer service representatives through voice system.
Service area: Nationwide.
Locations: Administrative/consulting offices in 26 locations nationwide.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.
Contact: Linda P. Holleman, senior vp.
Asset & Risk
Management (ARM)
2000 Southbridge Parkway,
Suite 400, Birmingham, Ala. 35209; 205-222-4015; fax: 205-870-9025
Staff
Total4
Involved in 401(k) plan services2
Clients
Total54
Receiving unbundled services11
Receiving bundled services43
Average participants/plan200
Minimum participants/plan10
Maximum participants/plan75,000
Services began: 1991.
Software: Record keeping provided by third party, accommodates 70 investment funds.
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 employee enrollment and retirement education meetings.
Service area: Nationwide.
Charges: Determined by number of participants, assets under management.
Officers: Olin B. Barnes III, retirement plan specialist/president.
Automatic Data Processing Inc.-401(k) Division
1 ADP Blvd., MS580, Roseland,
N.J. 07068; 800-432-4015;
fax: 201-533-7410
Staff
Total280
Involved in 401(k) plan services182
Clients
Total5,200
Receiving unbundled services180
Receiving bundled services5,020
Average participants/plan50
Minimum participants/plan5
Maximum participants/plan1,000
Services began: 1989.
Software: Written and maintained in-house, accommodates eight investment funds and nine 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.
Charges: Determined by number of participants, complexity of plan, assets under management, time and expense, frequency valuations.
Contact: Brian Skalski, senior director-401(k) marketing, 201-992-6469.