Newkirk Logo
Retirement Plan Services - Innovative education tools for plan providers, sponsors, and participants.
Retirement Plan Services
Gap Communications QACA/QDIA
Communications
Roth 401(k) Communications 403(b) Products and Services Plan Documents Education Seminars Participant Communications Printed Materials Participant Investor Services Participant Web Pages Health Savings
Account Services
Sponsor Fiduciary Request More Information

Sponsor Fiduciary Services

Newkirk understands the fiduciary burdens that are borne by retirement plan providers and their plan sponsors.

Newkirk communications and other services can ease those burdens.

Fiduciary Monitoring System – Plan Investments PLUS
Fact sheet icon Fact sheet available
FINRA approval icon Review FINRA letter

Plan Investments PLUS (PIP) enables advisors and defined contribution plan fiduciaries to define monitoring standards and criteria for plan investments and to create and receive periodic reports on how plan investments measure up.

PIP is a FINRA reviewed Internet application that you can access anytime, anywhere. An easy-to-use interface allows you to quickly:

  • Set up a plan
  • Identify plan investments
  • Select monitoring standards and criteria
  • Create and assign default and custom investment policy statements
  • Create quarterly (or monthly) monitoring reports

Plan Investments PLUS is a collaborative undertaking between Newkirk and its subsidiary, MasteryPOINT.

Register to attend an online demonstration.

Visit www.newkirk.com/event/ and register to attend an online demonstration of Plan Investments PLUS or call 518-862-3317 for more information.

Automatic Rollover Solution
Fact sheet icon Fact sheet available

Retirement plan providers contemplating the elimination or amendment of the mandatory distribution provisions in their 401(k) and other qualified retirement plans will find this unique Automatic Rollover Solution to be of great interest.

Automatic Rollover SolutionThe Newkirk Automatic Rollover Solution offers an end-to-end solution for meeting DOL/IRS rules governing the mandatory distribution of low-balance accounts from 401(k) and other qualified retirement plans.

The Newkirk solution identifies terminated low-balance participants and prepares and distributes required notices. If participants take no action within a 30-day (or longer) period, Newkirk utilizes the technology platforms of Wealth Management Systems Inc. (WMSI) to facilitate IRA openings with a major financial institution. The Automatic Rollover IRA satisfies the DOL safe harbor requirements.

This solution also offers clear and concise program materials that providers can distribute to plan sponsors explaining our solution to the mandatory rollover dilemma as well as the attributes of the program.

Plan sponsors interested in enrolling in the program will need to sign an IRA provider agreement with the Newkirk/WMSI financial services partner to participate in the program and to comply with the safe harbor provision.

Click here to request more information on Newkirk’s Automatic Rollover Solution. Or, contact us by phone at 800-525-4237.

Management Reports
Fact sheet icon Fact sheet available

Newkirk has automated the traditionally complex process of plan sponsor reporting with its comprehensive, yet flexible, reporting solution.

Plan sponsors have a fiduciary obligation to review the funds offered by their plan on an annual basis. Sponsors also have a business interest in the performance of their plan and how participants are using this important benefit.

The Management Reports Service offered by Newkirk provides the information sponsors need to fulfill their fiduciary obligations and business requirements.

Management Reports offer providers a menu of report options from which they can assemble a year-end plan review that provides the meaningful investment and participant information that sponsors need.

Click here to request more information on Newkirk’s Management Reports.
Or contact Jim Lawler directly by phone at 518-862-3221.

 

  Communications
 

 Product Highlight

Gap Services

Financial Resource Center

A comprehensive suite of income replacement (gap) analyses and reports.

Click here to learn more.

Click here to view our product catalog.