Are there mutual fund families that will give participant level money

[Guest Philip Simpkins]

We do alot of year-end reporting and compliance work for our insurance company alliances. I have brokers asking if we can provide similar services for individual mutual fund families. Generally, I find that these mutual fund families promote a nationally bundled approach.

Does anybody know of 2 or 3 different mutual fund families that will provide year-end participant level recordkeeping (similar to a Nationwide) downloads that would work with Relius?

Thanks!

[actuarysmith]

Since you are not located in my neighborhood I'll pass along a name.

American Funds has an independant TPA platform called "Recordkeeper Direct" that works quite similar to Nationwide, Manulife, etc.

[Guest Robin Vatalaro]

Scudder works well w/ TPA's. They will provide a free prototype doc (if you desire) and plan and participant level reports that are easy to use, 1099 services, automatically cc: the TPA on reports, etc. Don't know if they work w/ Relius or not. (800) 543-5776 in Kansas City.