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Stock in a Daily plan


Guest Rae Hoover

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Guest Rae Hoover
Posted

Does anyone have a daily plan with employer stock as an option? If so, will Relius allow you to limit the amount a participant can invest, for example - 25%? How do you handle the stock, is it in a management account or do you go directly to the market? Thanks for your help!

Posted

We have three plans with company stock that are recordkept on Quantech. Two utilize the whole share accounting function with the plan management account. The other is closely held and does not utilize this function. Both methods work quite well.

Your question is too broad to be answered effectively here. Feel free to email me at rpc@cbt.chemicalbankmi.com if you have additional questions or would like to discuss the issue over the phone.

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