Winter 2010
Mainspring Managed Now Available to 403(b) Plans
Formerly an option only for 401(k) plans, The Standard’s Mainspring Managed service is now available to 403(b) plans as well.
Mainspring Managed goes beyond the traditional managed account/advice solution common in the retirement plan industry today.
It is a formal, goal-based savings and investment plan that is implemented and managed by The Standard. Above all, it’s about addressing the needs of individual participants.
The process of building a customized plan for a participant begins with the information included in the initial gap analysis report, completed by each attendee at an enrollment meeting.
From this information, a formal savings and investment plan is produced that focuses on achieving the participant’s projected retirement income needs. The managed account solution looks at each participant’s unique situation and determines an optimal course for the variables of savings rate and asset allocation. Assets can then be invested in a series of broadly diversified, institutionally-priced portfolios.
View the Mainspring Managed brochure. Contact your client service consultant for details.
