For Employees
Resources to answer your questions.
Your 401(k) helps you save for retirement.
A 401(k) is a retirement savings account that can automatically deduct contributions from your paycheck so you can save for retirement without thinking about it. The earlier you start contributing to your 401(k), the better off you’ll be when you’re older. Want to know how much you should save?
Who is Your 401(k)’s Recordkeeper?
You may not know who your plan’s recordkeeper is, recordkeepers hold the investment assets for you. In many cases, your recordkeeper is the company that prints your quarterly 401(k) statements and/or offers online access to your 401(k) account.
What does a 401(k) recordkeeper do?
Employee enrollment
The recordkeeper also provides enrollment and educational materials to participants.
Track employee investment
The recordkeeper provides the list of mutual funds and then tracks and holds the assets. They are able to report on how the funds have performed, and the money-flows in and out of each participant’s account.
Log type of contributions
When you contribute to the 401(k) plan, the recordkeeper logs whether the retirement contribution is pre-tax, Roth contribution, employer’s match, etc.
Issue 401(k) statement
The recordkeeper is responsible for printing and mailing routine account statements to participants.
Maintain website
Most recordkeepers provide a web portal and mobile site or app where 401(k) balances are updated overnight.
Our Trusted Recordkeepers Include:
Need help with your employer-sponsored 401(k)?
Reach out to our team.
