401(k) Participants Gain Easy Access to Accounts Via Smartphone,
HOUSTON--(BUSINESS WIRE)--Jan. 22, 2013--
Inc. (NYSE: NSP), a leading provider of human
resources and business performance solutions for America’s best
businesses, today announced the launch of a new retirement planning
application for iOS and, soon, Android devices. The free app from InsperityTM
Retirement Services provides quick, secure access to an array of
401(k) account information.
“The new Insperity Retirement app for Apple and Android devices
complements our recently enhanced online Retirement Service CenterSM,
which has experienced a 30 percent increase in use by plan participants
since last year’s rollout,” said Richard Rawson, Insperity president.
“We understand that 401(k) account holders want to be able to access
their plans anywhere, anytime, and the app puts that access at their
Plan participants can use the app to review their 401(k) balances,
recent contributions and current rates of return. Users also can check
on contribution rates and investment allocations, verify loan balances
and stay informed through plan news and alerts.
The app is the culmination of a two-year project to redesign and expand
the Retirement Service Center, allowing plan sponsors and participants
full capabilities to manage their 401(k) online. Through the Retirement
Service Center, employees can enroll, change contribution rates and
investment elections, add beneficiaries, take out a loan or make a
withdrawal without having to submit paper forms. Plan sponsors,
likewise, have full access to detailed plan activity, on-demand reports
and copies of plan documents.
“Insperity Retirement Services, through our Retirement Service Center
and now the new app, provides the tools that employees and business
owners need to make the most of their 401(k) plan,” said Rawson.
About Insperity Retirement Services
InsperityRetirement Services manages nearly $2 billion in
401(k) plan assets, representing the retirement plans of thousands of
small and medium-sized businesses. These professionally managed,
low-cost plans minimize the burden of daily administration and
compliance, assist employees in achieving their financial goals and help
businesses attract and retain top talent.
Insperity, a trusted advisor to America’s best businesses for more than
26 years, provides an array of human resources and business solutions
designed to help improve business performance. Insperity™Business Performance Advisors offer the most comprehensive suite of
products and services available in the marketplace. Insperity delivers
administrative relief, better benefits, reduced liabilities and a
systematic way to improve productivity through its premier Workforce
Optimization™ solution. Additional company offerings include
Human Capital Management, Payroll Services, Time and Attendance,
Performance Management, Organizational Planning, Recruiting Services,
Employment Screening, Financial Services, Expense Management, Retirement
Services and Insurance Services. Insperity business performance
solutions support more than 100,000 businesses with over 2 million
employees. With 2011 revenues of $2 billion, Insperity operates in 56
offices throughout the United States. For more information, visit http://www.insperity.com.
Source: Insperity, Inc.
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