Why are 401(k)s such an effective employee retention tool? Flexibility and simplicity. Wachovia Retirement Services offers a fully bundled retirement plan that is flexible enough to meet the needs of a broad range of employees, yet simple enough to be understood by all employees.
Plan Benefits
A comprehensive plan for companies with over 100 employees that can be tailored to your needs.
Investment flexibility—You are free to select among a full range of today's well-known fund families, including Evergreen Investments, Wachovia's asset management subsidiary, along with company stock and self-managed accounts.
Employee education—All the tools and resources needed to generate interest, build understanding, and ensure employee participation, including custom enrollment packages, ongoing enrollment and communication meetings.
Employee services—Individualized investment advice,1 online account access, on-demand statements, a toll-free participant hotline, and AdviceTrack®, an innovative program to help 401(k) participants reach their retirement goals by investing wisely and saving more.
Wachovia Peak PerformanceSM—Accountable service that includes a deep diagnostic of plan health and fact-based solutions designed to help you get and keep your employees on track for a financially secure retirement.
Ease of plan installation—A dedicated relationship management team works closely with you to ensure a smooth installation or conversion of your plan.
Ongoing compliance—Dedicated support throughout the life of your plan, including regulatory reporting and compliance testing, loan administration, flexible payroll acceptance formats, and trust accounting reporting.
Sophisticated technology—Our participant system facilitates not only online transactions and loans, but comprehensive investor education.2
1 Investment advice is provided by an independent registered investment advisor. Wachovia Bank, N.A. has no responsibility or authority to render investment advice to any plan sponsor (or any agent or employee or any plan sponsor) or to a participant or beneficiary in any plan.
2 The information contained therein is of educational purposes only and does not constitute investment, financial, tax or legal advice.
Investments in retirement plans do not guarantee a profit or return of principal.
Recordkeeping, trustee, and/or custody services are provided by Wachovia Retirement Services, a business unit of Wachovia Bank, N.A.
Wachovia Securities is the trade name used by two separate, registered broker-dealers and non-bank affiliates of Wachovia Corporation providing certain retail securities brokerage services: Wachovia Securities, LLC, Member NYSE/SIPC, and Wachovia Securities Financial Network, LLC, Member FINRA
/SIPC.
Securities and Insurance Products: Not Insured by FDIC or any Federal Government Agency; May Lose Value; Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate