Relius Administration
Relius Administration provides your business with a recordkeeping system for daily-valued and balance-forward retirement plans. It helps you take advantage of extensive compliance testing and reporting capabilities for Defined Contribution/401(k) plans with Defined Benefit and Cafeteria 125 modules. As a Relius Administration customer, you also gain the support of the Relius staff of more than 300 benefit administration professionals.
With optional add-on modules such as Participant Loans, Custom reports, Trust Accounting, Revenue Manager, Insurance and Transaction import/export functionality, Relius Administration can be customized to your business’s retirement plan processing and operational needs.
Features
- Automates workflow with straight-through processing
- Provides client communication options including Web/voice and customer service
- Includes business continuity and data recovery solutions for disaster scenarios
- Stores imported prices, trade settlement activity and reconciliation files
- Imports payroll and demographic data through the Web using Data Validation Center
Benefits
- Helps eliminate redundancy in workflow
- Saves time and reduces errors by electronically importing/exporting census/payroll data
- Helps ensure business continuity with frequent off-site backups
- Maximizes revenue streams by remitting fees to your organization