 Pension/401(k)
Plans
The most advanced 401(k) product is now available from California Group Health Benefits
Consider the differences:
LOW COST PROGRAMS
Previously, administrative cost have been a factor for companies when
considering starting or maintaining a 401(k) program. It’s no longer an
issue. The California Group Health Benefits 401(k) program costs are minimal.
If you currently have a 401(k) program, there may be no administrative
cost at all.
MORE INVESTMENT VEHICLES
Choose from up to 17 different investments for your portfolio. This
selection allows you to create a program that’s designed around your
specific needs and your specific objectives. Mutual funds
from the following highly rated families are available, including:
- Fidelity
- T. Rowe Price
- Templeton
- PBHG
- Aim
- Manulife
BETTER SERVICE
In addition to your local representation, a service representative is
specifically assigned to assist you by way of a toll-free information line
from 8:00 am to 8:00 pm (Eastern Standard Time) for questions and/or
requests regarding your account.
YOUR INVESTMENT BALANCE IS UPDATED
DAILY
With most 401(k) plans, when you get a balance on your account, the
information you receive is weeks -- sometimes even months old. Now you can
really manage your investment with up-to-date information.
YOU CAN MAKE UNLIMITED TRANSFERS
BETWEEN ACCOUNTS
If you change your investment strategy, you can transfer funds between
accounts with ease as often as you want (with the exception of Book Value
transfers from guaranteed accounts).
YOUR INVESTMENT RESULTS ARE NOT
INFLUENCED BY THE CHOICES AND RESULTS OF OTHER PARTICIPANTS
Separate, participant-level accounting ensures this.
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