[topic 1]

Our Affiliate, Pension Systems Corporation (PSC), Specializes in Full-Service 401ks for Companies of All Sizes

Pension Systems Corporation (PSC) has been a trailblazer in the 401k industry for decades, concentrating on the largely-ignored needs of small and mid-sized companies.

PSC has created an affordable line of full-service plans called the 401k Solution that participants rank among the most popular plans in the nation.

-- PSC's 401k Solution is adaptable to companies of any size. Small-company plans are NOT truncated versions of big company plans.

-- Part of PSC's 401k "solution" is affordability without reduced service. By offering of variety of investment mix-plan pricing approaches, companies can choose whether to absorb all the costs of the plan, split the costs with the plan's participants, or have the plan's participants absorb the costs.

-- PSC's 401k plans see participation rates that are often nearly TWICE the national average. Investment choice, prompt service, and plan flexibility play major roles in the popularity of 401k Solution plans.

-- Web 401k is the next evolution of PSC's forward-thinking approach to 401k plans. Designing plans that meet today's businesses' needs within realms adaptable to tomorrow's keep both PSC's 401k Solution and Pension Systems Corporations' Web 401k always under our 401k experts' eyes; they continually evaluate additional features and services that might better serve our full-service and self-service clients.

For more about the evolution of Web 401k from some of PSC's innovations, see this website's About Us page.

[topic 2]

Quality + Flexibility + Affordability = PSC's 401k Solution (and that's not the typical full-service equation)

Quality Administration
As a full-service provider, PSC of course processes each month's 401k contributions for you, but PSC administration also means quick response times to your requests made by your company and/or plan participants.

Flexible Plan
The 401k Solution, like Web 401k, lets your company decide its plan's parameters within those approved by the IRS. You have the freedom to customize the IRS-approved prototype plan to suit your company's 401k needs.

-- You choose your plan's participation eligibility requirements.

-- You choose the type and formula for any employer contributions (matching, profit sharing, qualified nonelective) -- or choose not to make employer contributions.

-- You choose the vesting formula to be applied to any employer contributions (qualified nonelective contributions are, by law, always immediately vested).

-- You choose your plan's investments from a huge array: self-directed brokerage accounts, any of hundreds of no-load mutual fund families, or any of hundreds of load mutual fund families or brokerage accounts coupled with one or more no-load mutual fund families.

-- There's no limitation on the number or foundry of investments you can offer. It's easy to supply your plan with investment flexibility to meet present as well as future needs.

-- You write your plan's loan policy; PSC can help you formulate that policy -- at no extra charge.

-- You decide if you want to use automatic enrollment for your plan, and if so, you choose the default investment choice and contribution level.

-- Your plan is never limited by minimum participation numbers (it does, of course, have to pass federally-mandated annual compliance testing)

Affordable Service
No decent 401k plan is as affordable as a Web 401k self-service 401k, but in the full-service arena PSC plans are about as affordable as you can get -- and you don't have to scrimp on quality, either.

-- PSC plans include services and options other vendors charge extra for, such as offering a virtually limitless array of mutual funds in your plan, providing employees with online, downloadable year-to-date account statements, and providing your plan with MONTHLY compliance testing.

-- PSC distribution, loan and other per-transaction administration fees are significantly lower than industry standards.

[topic 3]

PSC Full Service 401ks vs. Web 401k Self-Service 401ks

There are many similarities between Web 401k self-service 401k plans and PSC 401k Solution full-service plans. In fact, Web 401k was largely developed from the "what works and what works best" successes of the 401k Solution. The main differences between the two administrative arrangements are (1) who does the work, and (2) cost.

Both types of plans come with multiple pricing-investment approach configurations. Both types of plans offer discounts for using load mutual fund investments (see Web 401k's pricing section for details).

[topic 4]

PSC Full-Service 401k Plan Pricing

PSC's full-service plans are very reasonably priced -- well below the national average for full-service plans (not to be confused with Web 401k self-service plans, which cost of fraction of ANY full-service plan). For instance:

-- PSC full-service plan (please do not confuse this with a Web 401k self-service plan) serving 25 eligible employees costs $3790 a year, and a 401k Solution covering 50 eligible employees cost $6590. Compare our 25-person price to the nation average... see next).

-- The national average for a 401k serving 25 eligible employees is $6,750 to $20,000 a year (and these competitors' plans often lack the quality service and flexible options standard in PSC 401k Solution full-service plans)

-- Call 1-800-660-0050 for more information or for a free quote on a PSC full-service 401k plan. If you prefer, e-mail us here at Web 401k and we'll forward your inquiry to Pension Systems Corporation: write to PSC@401k-network.com.

[topic 5]

Converting Existing 401k Plans Is Quick and Affordable

PSC can convert your existing 401k plan into an affordable, flexible 401k Solution full-service plan in a matter of days.

-- There's a one-time, first-year-only plan setup fee of $1,495. The fee covers all conversion and full-service plan setup expenses.

-- For generally no extra charge, you can have us amend your existing plan during the plan conversion. Perhaps you'd like to add in 401k loans, maybe matching contributions?

[topic 6]

PSC Handles All Types of Retirement Plans, Including 403b Plans and IRAs

The federal government has created several tax-deferred retirement savings vehicles, and PSC offers all the most popular ones, including 403b plans for non-profit organizations. one-person 401k plans, and SEPs for self-employed people.

-- PSC can provide a quality, affordable plan for almost every IRS-sanctioned retirement savings vehicle set up to be employer-sponsored.

[topic 7]

For More Information...

Contact PSC by calling 1-800-660-0050, or send an e-mail to psa@web-401k.com requesting that we have a 401k Solution representative contact you.