Affiliated Computer Services has joined the growing list of service providers offering 401(k) analytic tools for plan sponsors.
ACS’ Healthy 401(k) Plan Analytics looks at fees, fund quality, support, employee engagement, participation rates and savings levels, return, investment choices and trades to create easy-to-navigate reports.
“Our new analytics services is an extension of our commitment to provide innovative defined contribution/401(k) management,” said Rohail Khan, executive managing director of the ACS outsourcing benefits business. “In today’s economic environment, plan sponsors are concerned about the overall health of their plans and want to ensure their participants have the opportunity to retire more comfortably. This new innovation is in line with our commitment to drive analytical insights that help our clients generate outcomes aligned to their overall people strategies.”