RCH: The Experts in Delivering 401(k) Rollover Services
When it comes to educating & assisting terminated plan participants with their options, the RCH Assisted Roll-Out service stands alone, offering unbiased, balance-blind assistance to participants to ensure that they stay invested in their retirement, and make the decision that's right for them.
The RCH Assisted Roll-Out service provides terminated plan participants (all balances) with information, education and assistance to responsibly manage plan distributions and to effectively move their retirement savings forward, including consolidation into a current plan or an existing individual retirement account (IRA).
Key Features Include:
- Sign services agreement
- Review & approve participant communications
- RCH works with recordkeeper to implement program
- Manages out terminated participant accounts
- Increases average balances
- Lowers plan costs
- 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
- Utilizes a “campaign” approach including participant mailings and outbound calling to ensure high response rates
- Service delivered by a team of roll-out specialists
- Bi-lingual support
- All roll-out specialists located in Charlotte, NC
RCH Assisted Roll-Out Benefits:
- Compliance with Fiduciary and Conflict of Interest Rules
- Manage expenses
- Improve participant outcomes and plan metrics
- Enhance service offering
- Improve participant outcomes and plan metrics
- Reduce plan costs
- Reduce terminated participants in plan
- Reduce missing participants, uncashed checks
- Reduce cashout leakage by over 50%
For More Information:
- Download a service brochure on RCH1.com (link)