PlanScope360™ gives plan sponsors local control of 403(b) plan

NEWS & PRESS

PRESS RELEASE

via PRNewswire
By Jae Di Lorenzo
April 8, 2022

PlanScope360™ gives plan sponsors local control of 403(b) plan

New Plan Governance Platform gives 403(b) and 457 plan sponsors the opportunity to take local control of their plan through a comprehensive suite of tools and expert services.

By providing a multi-provider environment through a master recordkeeper, PlanScore360™ offers the flexibility of a retail model with institutional controls to 403(b) and 457(b) employer sponsors and the non-ERISA retirement plans they provide for their eligible K-14 public school, college, church, governmental agency, and non-profit employees.

“The customization and flexibility of PlanScore360™ is a critical element,” says Amy Simonson, Vice-President of Finance & Operations at Verity. “It allows sponsors to design solutions for their specific situation. Take the current termination of the NC 403(b) program by the state of North Carolina, for example. The flexibility of PlanScore360™ has been critical in building very specific solutions to meet the challenges presented by that deconversion.”

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