ALISO VIEJO, Calif. (PRWEB) May 03, 2018
vWise, Inc., the leading provider of innovative, scalable solutions for the retirement industry, has announced the addition of Pentegra Retirement Services as a valued client. Together vWise and Pentegra have launched SmartPlan, an interactive and intuitive solution designed to increase employee retirement readiness and optimize participant outcomes.
Within the first 6 months, Pentegra has experienced an average salary deferral rate of 6 percent for first-time retirement plan enrollees, along with an average deferral rate increase of more than 220 percent for existing plan participants, who used SmartPlan across its retirement plan offerings.
“SmartPlan helps to reduce the complexity of plan administration while providing participants with the tools they need to plan for retirement”, said Rich Rausser, Senior Vice President, Pentegra. “Personalized communications combined with an engaging educational process, easy-to-understand format and ongoing access to resources will help increase the confidence participants need to make key plan decisions.”
“We are pleased to partner with Pentegra to provide SmartPlan to their clients,” said Tony Mingo, CEO of vWise, Inc. “We share their dedication to providing a quality experience for plan sponsors and participants.”
Aligned with the way today's digital-savvy audience consumes content, SmartPlan guides participants through an engaging educational process — increasing their confidence to make key plan decisions. Personalized communications and research-driven engagement techniques add value by motivating employees to enroll in and stay engaged with the plan.
Fully scalable and accessible via any device, SmartPlan can be tailored to meet individual client needs without the investment in development and infrastructure. Powerful functionality streamlines processes, resulting in operational cost savings and increased efficiencies. Available in English or Spanish and ADA-compliant.
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, connect with vWise or visit http://www.vWise.com.
Pentegra Retirement Services is a leading provider of retirement plan and fiduciary outsourcing solutions to organizations nationwide. Founded by the Federal Home Loan Bank System in 1943, Pentegra offers a broad array of qualified and non-qualified retirement plan solutions, third party administration (TPA) services and benefits financing solutions using bank owned life insurance (BOLI). In addition, Pentegra, through Pentegra Investors, Inc., also serves the needs of institutional investors, offering partial or complete investment outsourcing capabilities. For more information, go to http://www.pentegra.com.
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Chief Financial Officer