Generating Proven Results with Major 401(k) Sponsor and Plan Provider ALISO VIEJO, Calif., July 8
ALISO VIEJO, Calif., July 8 /PRNewswire/ -- vWise Inc. today announced the
general availability of SmartPlan 401, a unique new interactive video-based
engagement system that prompts greater participation in company-sponsored
investment plans, such as 401(k)s.
Photo: http://www.ereleases.com/pr/2008-vWise.jpg
SmartPlan401 is an interactive video-based engagement system that prompts
greater participation in company-sponsored investment plans, such as 401(k)s,
and increased investment by each plan participant.
"Most employees don't know how-or why-to invest in a 401(k). And they
don't read the materials designed to explain it. Now companies can provide the
critical 401(k) investment information employees need, in a format they will
actually use, with SmartPlan 401," commented vWise President Tony Mingo.
"We are very excited at the results so far. New hires informed of the
availability of SmartPlan 401 are flocking to it, and our analytics show they
are really engaging with it. They are watching short video presentations about
their plan, taking a risk profile questionnaire, and even choosing their plan
investments and contributions," Dona Helle, Manager, Retirement Plan
Administration, Harrah's Entertainment, Inc.
About SmartPlan 401
Designed to help average investors better understand their 401(k) plans,
SmartPlan 401 provides the benefits of a personal financial professional,
without the expense. By combining a video-based presentation of detailed
financial information with an interactive application that prompts users to
make informed investment decisions, SmartPlan401 can help your company:
-- Increase plan enrollment
-- Raise participant contribution levels
-- Migrate participants out of "default" funds
-- Reduce customer support costs
-- Improve customer loyalty and web site "stickiness"
About vWise
vWise is a leading developer of rich-media internet applications based
upon its E3 (that's E-Cubed) architecture. Its SmartPlan 401 solution, which
serves the 401(k) market, and its HealthConnect solution (launching Summer
2008), which serves the employee benefits market, are predicated upon the
principle that complex information is infinitely more useful when it is
conveniently packaged.
For more information, contact:
Gregory Newman
Vice President, Operations/COO
(949) 233-7588
http://www.vwise.com
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SOURCE vWise Inc.