| Features / Capabilities |
Industry’s Approach
to the Small
Plan Market
(Under $10M) |
Retirement Revolution’s Solution to the Small
Plan Market
(Under $10M) |
| INVESTMENTS |
| |
Open-Architecture platform including access to 10k+ mutual funds as well as ETFs and company stock |
|
No |
Yes |
| |
No proprietary asset requirement to use Open Architecture Platform |
|
No |
Yes |
| |
Unlimited investment choices by participant that costs nothing more, and implemented without a traditional self-directed brokerage account |
|
No |
Yes |
| |
Ability for plan or other advisor to serve as a personal advisor to participants and have access to 10k+ investment choices when doing so |
|
No |
Yes |
| |
Potential for an unlimited number of personal advisors in a plan without requiring off-platform brokerage accounts, and with each advisor having independent access to 10k+ investment choices (mutual funds, ETFs, company stock) |
|
No |
Yes |
| |
Ability to now offer every participant within a plan personalized, professional investment management |
|
No |
Yes |
| |
Ability for advisors to create and maintain a single instance of a model and use it across an unlimited number of plans and participants |
|
No |
Yes |
| |
Unitization / fee WRAP capability by advisor and/or plan, with complete fee disclosure |
|
No |
Yes |
| |
Access to a full universe of ETFs that can be selected a long side mutual funds |
|
No |
Yes |
| |
Employer Stock accounting in shares or units |
|
No |
Yes |
| |
Ability to add Common Trust Funds to the platform on an as-needed basis |
|
No |
Yes |
| FEE DISCLOSURE |
| |
Ability to accrue revenue sharing at a participant level daily, by fund |
|
No |
Yes |
| |
Ability to credit participant accounts with the cash received from their portion of revenue sharing, and report its exact source and use |
|
No |
Yes |
| |
Individual fee statements by participant that include the amount of revenue sharing they received and each fee paid to each service provider (TPA, RIA, Recordkeeper, Custodian etc.) |
|
No |
Yes |
| OPERATIONS AND PROCESSING |
| |
Fully automated, one-click IRA Rollover Capture solution with no proprietary asset requirements where IRA is held on the same platform as the participants’ other retirement assets |
|
No |
Yes |
| |
Real time securities processing accounting foundation with fully integrated cash and sweep processing capabilities |
|
No |
Yes |
| |
Customizable business event alerting |
|
No |
Yes |
| |
100% hands free payroll processing, including all cashiering and resulting trading |
|
No |
Yes |
| |
Automated, DOL-compliant tracking and processing of all un-cashed checks |
|
No |
Yes |
| |
Fully automated loan repayment processing with ability to accept variances and gaps in loan repayment schedule and payment amounts |
|
No |
Yes |
| |
Replacement of traditional after-hours recordkeeping functions with a modern day, “real-time” trusting accounting-based approach |
|
No |
Yes |
| |
Seamless accommodation of security types with varying settlement cycles, within the same account |
|
No |
Yes |
