Putnam Investments has launched an enhanced website for sponsors of 401(k) plans and other defined-contribution retirement programs.
The new site gives sponsors a customized plan dashboard with numerous new features: on-demand reporting and testing, which allows sponsors to generate reports instantly, measure success and identify areas of greater focus; Fiduciary Central, which is an online repository of all plan documentation needed to comply with the seven year retention requirement; Putnam proprietary fund monitoring that gives a simplified day-to-day tracking of fund performance within the plan and proactively notifies the sponsor when action may be required and alerts, forms, transactions, the sponsor’s profile and the latest retirement plan and investing news.
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