401(k) Online
Oswald Financial's commitment to our clients, the retirement plan
industry, technology, and innovation is evidenced by a private label
retirement plan that we offer: Oswald Financial, Inc. 401(K) Online.
The OFI 401(k) Online is a paperless Web-based solution which offers
the following features and benefits to companies:
- Mutual Funds at NAV regardless of plan size
- Fast and easy online plan set-up and installation
- Low set-up and annual administration fees
- Summary Plan Description and Administrative Guide, online
- Automatic online IRS-mandated discrimination testing
- Signature ready IRS form 5500 provided automatically
- IRS 1099R report issued and filed automatically
- Fast and easy online payroll processing of contributions
- Online access to plan activity reports and employee account information
- Online loan, distribution, and rollover request approval and processing
OFI’s online plan administration eliminates transaction time lag,
clerical errors and many of the costs typically associated with
traditional, paper-based plans. A wide and diversified selection of
investments are available, providing a tailored portfolio
solution for all company sizes and employee investment strategies.
Employees enjoy the many benefits of our online paperless solution,
providing them greater control over their financial futures. With
24-hour account access, employees are no longer burdened by tedious
forms and time constraints, which also helps reduce employer
administrative time.
Studies have shown that employees with self-directed retirement
plans become more active in their plans and take more responsibility
over their financial futures. With an Oswald Financial, Inc. 401(k)
Online your employees will enjoy:
- Online enrollment in minutes
- Full access and interactive control of their individual accounts, 24 hours a day
- 24-hour account access via the phone, using state of the art speech recognition technology
- Daily account valuations
- Unlimited account transfers and reallocations
- Online education tools, such as a retirement plan calculator and a retirement information library
Click here for more information about Oswald 401(k) Online, or to view an online demo.