Our TPA uses Relius for the daily recordkeeping of our 401K plan. We would like to add some ETF funds to our plan, which can only be traded in whole shares. Our TPA is telling us that Relius has no capability to track more than one whole share fund per plan. Given that ETFs have become a popular investment option for retirement plans, I am not entirely sure the TPA is correct. Any thoughts or comments on this would be appreciated.

I sent you a message. We have the capability to do this, let me know if you are interested in discussing.