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TO ANNOUNCEMENTS INDEX
FOR IMMEDIATE RELEASE
Generating Proven Results with Major
401(k) Sponsor and Plan Provider
July 7, 2008 – Aliso Viejo CA – 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.
"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 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," remarked Dona Helle, Manager,
Retirement Plan Administration, Harrah’s Entertainment, Inc.
About SmartPlan
Designed to help average investors better understand their retirement
plans, SmartPlan 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 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”
For more information, contact:
Gregory Newman
Chief Operating Officer
(949) 233-7588
gnewman at vwise.com
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