401(k) Rollover Services

The Experts in Delivering 401(k) Rollover Services

A 401(k) rollover service is not complete if it only focuses on rolling over balances to IRAs, or only on the needs of terminated participants. Providing all participants -- regardless of employment status or balance -- with education and assistance, along with a complete range of options is essential to ensuring that they'll preserve their savings for a timely and comfortable retirement, and helps plan sponsors fulfill their fiduciary obligations.

Automatic Rollover IRA Service:

For terminated participants with plan balances less than $5,000, the RCH Automatic Rollover service allows these participants to:

1. Choose to rollover their funds to a new, employer-sponsored plan that will accept the funds or to a new or existing IRA.
2. Take no action, and have their funds automatically rolled over to an RCH safe harbor IRA.
3. Take a cash distribution from the plan.

If plan balances are automatically rolled over to an RCH safe harbor IRA, former participants can contact the RCH Service Center to get the education and assistance they need to move their retirement savings forward.

Finally, the RCH Automatic Rollover service embeds the optional RCH Auto Portability feature, the only automatic 401(k) portability platform for small balance accounts.

RCH Assisted Roll-Out Service:

For terminated participants with balances greater than $5,000, the RCH Assisted Roll-Out service delivers proactive outreach, along with education and assistance, helping participants better understand their options, while supporting a full range of potential actions, including:

1. Stay-in-plan: keeping their funds invested in plan
2. Rolling over plan balances to a qualified employer plan that will accept the funds, to a new or existing IRA, or in certain cases, to a fixed annuity
3. Taking a cash distribution of some or all of their account balance

RCH Assisted Roll-In Service:

For new or existing participants, RCH offers the RCH Assisted Roll-In service. The RCH Assisted Roll-In service provides a quick-and-easy way to consolidate retirement savings accounts, saving participants time and money, and eliminating the hassle of having to manage multiple retirement accounts.

For plan sponsors, the service increases average balances, improving plan metrics and, over time, decreasing plan costs.

Key Features of All RCH 401(k) Portability Services:

• Sign services agreement
• Review & approve participant communications
• RCH works with recordkeeper to implement program

• Reduces potential exposure from lost or cashed out participants by actively managing the process to move retirement savings through the system

• Seeks to consolidate participant balances into an existing plan or IRA, whenever practical