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Employers
Overview
Benefits of a 401(k) Plan
The AssetMark 401(k) Plan 
Converting to an AssetMark 401(k)
Plan
Plan Sponsor Web Instructions
Forms
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The
AssetMark 401(k) Plan
Meeting the Unique Needs of Plan Sponsors and Participants
Meeting Plan Sponsor Needs
The AssetMark 401(k) Plan delivers a complete, turn-key solution
for Plan Sponsors – a core series of asset allocation portfolios,
a wide selection of mutual funds, plan design choices and online
access to daily trading and account information.
We recognize that employees have varying and unique needs when
it comes to investing for retirement. We also recognize that Plan
Sponsors
have unique needs, as well, when designing a retirement plan that's
best suited for their employees. The AssetMark 401(k) solution
not only meets the needs of both Plan Sponsors and participants,
but exceeds the expectations of even the most demanding Plan Sponsors
and participants.
Plan Design Flexibility and Customization
The AssetMark 401(k) Plan is completely customizable for each
plan spons
or. Plan sponsors can choose from various options regarding
participant eligibility, vesting schedules, employer contribution
rates and loan features.
At the core of the AssetMark 401(k) Plan are the following
key benefits:
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Simplifies the plan sponsor’s
role as fiduciary with comprehensive investment solutions. |
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Provides a rigorous asset allocation strategy
for participants. |
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Provides a wide selection of investment
options. |
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Offers extensive plan design and customization. |
Investment Solutions for All Employees
Today's 401(k) plan participants demand choice in their investment
options. And they should have choice. However, we know that there
are many different levels of investor sophistication.
Our solution is to provide investment options that better meet
participants' needs. The AssetMark 401(k) Plan provides choice,
flexibility
and core managed investments to help participants in the asset
allocation decision making process.
The AssetMark 401(k) Plan
provides the following investment options to plan sponsors:
Target Allocation Funds
The Target Allocation Funds are offered as collective investment
funds, with Fiserv Trust Company acting as trustee. The portfolios
deliver long-term professional management to plan participants
and are ideal for those who want to delegate investment management
and
asset allocation decisions to more capable and experienced investment
professionals.
The Target Allocation Funds are invested in a series of managed
asset allocation portfolios, employing the expertise of two Portfolio
Strategists – Wilshire Associates and PanAgora Asset Management.
These Strategists develop global strategic and tactical asset allocation
portfolios to meet the risk/return profile for each participant.
The six portfolios are made up of the AssetMark Funds, which are
managed by investment managers selected and monitored by AssetMark
and supported by the due diligence and research of Wilshire Associates.
Two Approaches to Asset Allocation
Participants in the AssetMark 401(k) Plan selecting the Target
Allocation Funds have access to two different approaches to asset
allocation. Both strategies provide participants with automatic
rebalancing and adjustments to their portfolios.
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Strategic Approach
- With the Strategic approach, the most efficient combination
of asset classes is created for each risk/return profile. Through
time, as investment markets fluctuate, the portfolio is continually
rebalanced back to the target asset mix in an ongoing effort
to manage risk at the desired level. |
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Tactical Approach - The
Tactical approach also begins by establishing the target asset
mix for each risk/return profile. Permissible ranges are then
established for each asset class, allowing for periodic adjustments
to respond to changing market conditions. Tactical asset allocation
is a more active approach to asset allocation decision making. |
The six Target Allocation Funds are as
follows:
Portfolio
Strategist:
Wilshire Associates
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Portfolio Strategist:
PanAgora Asset Management |
Strategic Conservative
Allocation Fund
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Tactical Conservative
Allocation Fund |
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Strategic Balanced
Allocation Fund
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Tactical Balanced
Allocation Fund |
Strategic Growth
Allocation Fund |
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Tactical Growth
Allocation Fund |
Mutual Funds
Employers can also choose up to 14 additional mutual funds from
over 2,300 funds on the AssetMark 401(k) Plan list.
These funds represent many of the most recognized names in the mutual
fund industry. They offer a broad range of asset classes and funds
from which to choose.
Plan Design and Benefits
The AssetMark 401(k) Plan delivers flexibility in plan design
options and customization features. For plan sponsors, this means
that they can make decisions about participant eligibility and
vesting. It also means that choices can be made about whether
or not to make
employer contributions, and if so, how much. This built-in plan
design flexibility helps plan sponsors offer a 401(k) plan that
suits the way they do business.
Both plan participants and the plan sponsor benefit from the overall
daily valuation design. This daily valuation plan uses technology
to provide account information and online trading access to participants,
and the technology is backed by a dedicated team of professionals
providing support to the plan sponsor.
About AssetMark Investment Services and Fiserv
Investment Support Services
AssetMark Investment Services and Fiserv Investment Support
Services are working together to bring Plan Sponsors and Participants
a new and unique 401(k) solution.
AssetMark Investment Services, Inc. was founded in 1996 and is one
of the industry's leading providers of fee-based investment management
solutions. AssetMark currently administers 40,000 client portfolios,
representing more than $8 billion in assets.
Fiserv Investment Support Services provides products and services through
Fiserv Affinity, Inc., and Trust Industrial Bank. Trust Industrial Bank,
headquartered in Denver, is one of the nation's largest providers of quality trust,
custodial and back office services to the financial services industry.
Fiserv ISS can be found on the Internet at www.fiserviss.com (http://www.fiserviss.com).
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