Recordkeeping

In today’s retirement plan environment, the recordkeeping function is especially critical. In fact, recordkeeping is the backbone of the participant-directed system that prevails today.

KTRADE’s record-keeping role includes:

  • Expertly managing all aspects of contributions, distributions, and other financial activity within the plan
  • Executing daily trade instructions
  • Maintaining the participant and plan-sponsor Web sites
  • Providing quarterly benefit statements
  • Availability of on-demand statements and other reports for both the employer and participants
  • Providing enrollment materials
  • Interfacing with the TPA to provide needed data for compliance testing, reporting and other important administrative functions

Web Based Services

EMPLOYER BENEFIT

  • A Provides self-service option to our high-touch approach when you need answers quickly
  • Provides a secure gateway to process payroll contributions quickly and easily
  • A single place to find answers to help your employees
  • A convenient portal for all your reporting needs; get the reports you want, when you want with our on-demand reporting feature
  • Provides for an easy online enrollment process for new hires
  • Provides a macro view of the plan with the ability to drill down to the individual participant level when needed
  • Provides a clear view to all financial activity affecting the plan

PARTICIPANT BENEFIT

  • Quick, easy way to view all information and activity affecting them within the plan
  • Ability to add/modify beneficiary designations
  • Provides complete control over investment elections and changes
  • Provides an option for self-directed brokerage account for maximum investment flexibility
  • Complete control of financial transactions such as fund transfers, re-balance instructions, loan requests, etc.
  • Updated fund and account performance information
  • A convenient portal for all your reporting needs; get the reports you want, when you want with our on-demand reporting feature