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Products December 5, 2011
New York Life Revamps Websites
New York Life Retirement Plan Services has made enhancements to its plan sponsor and adviser websites, providing clients a full overview of their plans' health.
Reported by PLANADVISER staff
The enhancements take an “interactive dashboard” approach, showing the most important information about a retirement plan, such as total plan assets updated monthly, average and historical plan participation rate, average account balance and investment allocation. Sponsors and advisers can also view this data for specific age ranges of participants, allowing them to gauge the behavior of different participant groups and the effectiveness of plan design features.
More information is available at http://www.nylim.com/retirement.