The service now includes the option to include the Qualified Account Contribution Arrangement (QACA), Eligible Account Contribution Arrangement (EACA), or ACA notices in the same communications bundle.  

The service offers a number of output options, including PDFs for distribution to plan sponsors for redistribution to participants and personalized notices for direct mailing to participants. In addition, content can include a mix of Newkirk’s version of notices or an uploaded version from the provider’s document system.  

According to the announcement, the NewkirkOne QDIA notice includes: 

• Fee disclosure information for all three types of acceptable investments: managed accounts, balanced funds, and target date funds
• Instructions for opting out of the default investment
• Short-term investment option information, where such an option exists

  The NewkirkOne QACA notice includes: 

• Explanation of how automatic enrollment and automatic deferral increase provisions work
• Vesting information
• Employer matching information
• Opt-out instructions for participants wishing to terminate their enrollment in the plan
• Opt-out instructions for participants who do not wish to participate in the plan’s automatic deferral increase