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TO ANNOUNCEMENTS INDEX
FOR IMMEDIATE RELEASE
Designed to Help Educate and Engage Employees of Harrah’s Entertainment
February 17, 2009 – Aliso Viejo CA – vWise Inc. today announced that its interactive video site You410kConnect.com has been awarded a first place Eddy Award by Pensions & Investments. Your401kConnect.com was designed to meet the plan education and engagement needs of Harrah’s Entertainment, with a large employee population spread across dozens of properties nationwide.
“We are proud that our SmartPlan Enterprise system, operating under the URL Your401kConnect.com, has earned this prestigious first place Eddy award. We worked closely with Harrah’s Entertainment and ING to create a compelling, interactive video-based educational experience for plan participants. Judging from the dramatic increase in new participants in Harrah’s plan, and surge of activity from existing participants — and, now, this award — it appears we have succeeded,” remarked vWise President Tony Mingo.
About SmartPlan Enterprise
Designed to help average investors better understand their retirement
plans, SmartPlan Enterprise provides the benefits of a personal
financial professional, in a website available 24/7/365. By
combining a video-based presentation of detailed financial
information with an interactive application that prompts users
to make informed investment decisions, SmartPlan can help increase
plan enrollment, raise participant contribution levels, and
reduce support costs.
The SmartPlan Enterprise system is a hosted solution, designed
to incorporate seamlessly into an outreach program for just
pennies per participant per month. The SmartPlan environment features a familiar interface that
makes it easy to navigate, even for novice users, and allows
a participant to go at his or her own pace. Our video hosts offer
a brief video overview of 401(k) basics, followed by a discussion
of selected features — such as auto-enrollment, matching contributions,
loans, etc. — that you can customize. Then, using simple interactive
forms, our video hosts then guide participants through a short
process, including individual retirement needs and risk profile
surveys, and selection of investment types and contribution amounts,
that generates a personalized investor profile.
The SmartPlan system also includes an administration portal
that provides a comprehensive suite of tools in a simple menu-driven
format that anyone can use, even web novices. Setting up a SmartPlan
account takes just a few minutes. And with pre-designed email templates
and custom-tailored analytics reports, managing multiple plans is as
easy as pressing a few buttons. And because SmartPlan Enterprise
is integrated, each participant’s profile is updated in the provider
database automatically.
About vWise
vWise is a leading developer of rich-media internet applications
based upon its E3 (that’s E-Cubed) architecture. Its SmartPlan
suite, which serves the defined contribution markets, and its
SmartHealth solution, which serves the employee benefits market,
use a proprietary mix of video and interactive technologies to
help people better understand complex information and make personalized
choices.
For more information, contact:
Gregory Newman
Chief Operating Officer
(949) 233-7588
gnewman at vwise.com
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