vWise Announces Relationship with Insperity to Enhance Retirement Services Plans

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vWise’s SmartPlan solution helps businesses improve employee participation, contribution rates and retirement readiness.

vWise, Inc., the leading provider of innovative, scalable solutions for the retirement industry, today announced its relationship with Insperity to enhance the 401(k) plan experience of participants through the use of the SmartPlan solution. SmartPlan helps drive participant action, improve employees’ confidence levels and boosts participation and contribution rates.

A leading provider of human resources and business solutions for America’s best businesses, Insperity is committed to helping improve business performance for its clients. The launch of SmartPlan for Insperity clients further extends the breadth and depth of the company’s products and services, while aligning with Insperity’s goal to make life better for clients and their employees.

During the fourth quarter of 2017, Insperity experienced an average salary deferral rate of 7.3 percent for first-time retirement plan enrollees, along with an average deferral rate increase of more than 25 percent for existing plan participants who used SmartPlan across its retirement plan offerings.

“We are proud that SmartPlan is now available to Insperity clients,” said Tony Mingo, president and CEO of vWise. “Insperity is a leader in providing human resources and business performance solutions to businesses nationwide. The addition of vWise solutions helps Insperity continue to be at the forefront of the industry, specifically with the employee retirement digital experience.”

“vWise provides our clients with access to an engaging educational solution in an easy-to-understand format that helps better engage their retirement plan participants,” said Richard G. Rawson, Insperity president. “Specifically, vWise offers our clients the tools they need to increase participation and contribution rates while helping their employees improve retirement readiness.”

About vWise
vWise provides innovative, scalable solutions designed to increase efficiencies and optimize outcomes through interactive, personalized experiences that boost confidence and drive informed decision making. Aligned with the way today’s digital savvy audience consumes content, our solutions feature relevant, engaging information in an easy-to-understand format that can be accessed anytime, anywhere, on any device. For more information, visit http://www.vWise.com.

About Insperity
Insperity, a trusted advisor to America’s best businesses for more than 31 years, provides an array of human resources and business solutions designed to help improve business performance. Insperity® Business Performance Advisors offer the most comprehensive suite of products and services available in the marketplace. Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization® solution. Additional company offerings include Human Capital Management, Payroll Services, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Expense Management, Retirement Services and Insurance Services. Insperity business performance solutions support more than 100,000 businesses with over 2 million employees. With 2017 revenues of $3.3 billion, Insperity operates in 68 offices throughout the United States. For more information, visit http://www.insperity.com.

For more information, please contact:
David Ferrigno
Chief Financial Officer
vWise, Inc.
(877) 820-8212

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Dave Ferrigno
vWise, Inc.
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