Plan
Administration and Recordkeeping Solutions
The Power of PartneringSM
Inspires Innovation
Great-West Retirement Services®
recognizes the power of delivering streamlined recordkeeping
and administrative solutions to keep a plan running at peak
performance.1 This is why we built and maintain one state-of-the-art recordkeeping system dedicated to managing and administering
retirement plans.
Industry-Acclaimed Recordkeeping Expertise2
We are consistently
positioned among the industrys top retirement plan
recordkeepers: |
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The Spectrem Group ranks Great-West Life & Annuity Insurance Company as the fourth-largest recordkeeper as measured by the number of participants.3 |
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Great-West Retirement Services recordkeeps more than $104 billion in retirement assets.1 |
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Great-West Life & Annuity
Insurance Company was selected 2003 Recordkeeper of the
Year by DC News (June 2003). |
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Great-West Retirement Services also provides “private
label” administrative and recordkeeping services
for banks, investment providers and other financial institutions. |
Fully Integrated, Online, Real Time
We deliver streamlined,
flexible services through one recordkeeping system: |
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Rules-based functionality
is programmed to each plans needs. |
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All data and
processes are integrated, reducing the potential for inconsistencies,
quality errors and out-of-balance scenarios that multiple
trust accounting, trading, recordkeeping and payment platforms
can cause. |
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The System brings together multiple
plan types. |
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Great-West Retirement
Services invests $30 million annually to maintain and
upgrade the recordkeeping system. |
Paperless, Online Administrative Services
Employers
can electronically administer all facets of a plan: |
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An employer’s staff
can manage plan transactions and generate custom reports
quickly and conveniently through the Plan Service Center
(PSC)—a 24/7 gateway to data.4 |
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Automated vesting and year-end
testing is available. |
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Initial and ongoing training
and online support are available. |
1Great-West Retirement Services® refers to products
and services provided by Great-West Life & Annuity Insurance Company and Great-West Life & Annuity Insurance Company of New York. Great-West Life & Annuity Insurance
Company is not licensed to do business in New York. Products are sold in New
York by its subsidiary, Great-West Life & Annuity Insurance Company of New York, White Plains,
New York. Figures include the addition of MetLife Retirement Plans and US Bank plans, and also plans of FASCore, LLC's customers.
2Recordkeeping services are provided by Great-West Life & Annuity Insurance Company,
Great-West Life & Annuity Insurance Company of New York and FASCore, LLC. Information and rankings provided refer to Great-West
Life & Annuity Insurance Company Great-West Life & Annuity Insurance Company of New York
and FASCore, LLC.
3
2007 Spectrem Group, PLANSPONSOR and Pensions & Investments. Data as of December 31, 2006.
4Access to Plan Service Center may be limited or unavailable during periods of
peak demand, system upgrades/maintenance, or other reasons.
Great-West Retirement Services®, KeyTalk®, The Power of PartneringSM and the Partnership Logo are service marks of Great-West Life & Annuity Insurance Company. All rights reserved.
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