Seligman Growth 401(k)

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ROBUST INVESTMENT LINEUP AND STRATEGIES

  • Participants can choose Seligman Time Horizon Matrix® or create their own mix of investments
  • Seligman Time Horizon Matrix: multi-manager target date retirement solution with powerful long-term results

Simple

    • Participants enroll in one of the 31 target-date retirement portfolios
    • Each year, participants migrate from one portfolio to the next as they get closer to their goal
    • Harvester Portfolio is designed for participants in retirement seeking income as well as growth and preservation of capital

Customized

    • Underlying investments are actively managed mutual funds
    • Plans with at least $1 million in assets can customize the funds that make up their Matrix by choosing from a universe of over 1,000 funds*

Results

    • 10-year track record of driving participation and delivering results through up and down markets**
  • Choose funds in addition to those in the Matrix, for a full investment lineup of up to 21 funds
  • Sophisticated QDIAs: single- and multi-age appropriate default fund options available

FULL-SERVICE RECORDKEEPING AND ADMINISTRATION FLEXIBILITY

  • Service guarantees for key administrative functions
  • Dedicated plan installation team
  • Personalized enrollment kits
  • Online access for plan sponsors, participants, and financial advisors
  • Telephone voice response system available in English and Spanish
  • Roth 401(k) feature available
  • Fully-automatic plan options: automatic enrollment and automatic deferral increases in combination with age appropriate QDIAs
  • Age-weighted and new comparability profit sharing options available
Plan Administration Fees

One-Time Setup Fee

New Plans:

$1,000

Takeover plans:

$1,500


Average Assets Per Participant

Base Fee

Per Participant Fee

0 - $10,000

$1,700

$35

$10,001 - $20,000

$1,700

$25

$20,001 - $30,000

$1,700

$15

$30,001 - $40,000

$1,700

$5

$40,001 and over

$1,700†

$0

†SPECIAL PRICING — DISCOUNT!
Plans with at least a $40,000 average account balance AND at least $1 million in assets receive a 100% discount on annual plan administration fees.
Eligibility for the discount is subject to certain restrictions; contact Seligman Retirement for details. The plan must be using a basic plan document and offer the Seligman Time Horizon Matrix investment strategy. The plan’s fees are calculated based on the plan demographics at the end of each quarter.

Additional fees may apply. Fees are subject to approval by Seligman Retirement. Obtain a customized proposal for details.

*New plans with at least 100 eligible employees may also qualify; contact Seligman Retirement for details.

**Past performance does not guarantee future results.

Request a Proposal Today! Complete this Proposal Request Form and fax it to Seligman at 212-922-5740

Plan administration provided by AscensusSM. Ascensus receives compensation from certain mutual funds or their affiliates, including their transfer agents (e.g., RiverSource Service Corporation.), to cover expenses relating to services that Ascensus provides to the funds, including, but not limited to, the purchase and redemption of shares, participant level fund recordkeeping and delivery of fund prospectuses and related materials. Please refer to the Recordkeeping Service Agreement in the Plan Establishment Kit for more details. AscensusSM is a service mark used under license by Ascensus, Inc.

Diversification does not assure a profit or protect against loss.

Investment products, including shares of mutual funds, are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.