Daily Access Concepts Inc. (DAC), a straight-through processing provider, has added
Alliance Capital and
Goldman Sachs funds to its
Access K platform.
These two fund families join eight other families currently offered through DAC's 401(k) products. Among those funds already offered are:
Fidelity Advisory Funds,
Kemper Funds, and
Oppenheimer funds.
"Alliance Capital and Goldman Sachs funds were selected because they offer excellent investment choices for plan participants," said
Stephen Schardin, executive vice president at DAC. "The addition of these funds enhances the choices brokers can offer plan sponsors, and further, the options plan sponsors can offer their participants."
The funds will be marketed through DAC's alliance marketing network of more than 30,000 brokers nationwide. Schardin would not comment on the number of sponsors who use the company's services.
"We are always looking to enhance Access K, but there are no plans in the works to add additional families at this time," Schardin said. 
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