Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:ADP Adds Two 529 Options Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 28, 2003

ADP Adds Two 529 Options

by: Sean Hanna, Editor in Chief

ADP has added two 529 programs to its workplace college savings product. The ADP Employer Services (ES) division said that it has added Banc of America Capital Management's Future Scholar Program and PIMCO Advisor's CollegeAccess 529 Plan to its platform.

The Roseland, New Jersey-based payroll and HR services firm initially rolled out its product with a tie to Alliance Capital's CollegeBoundfund 529 plan offered through Rhode Island in August of 2002.

That plan ties together payroll with the 529 plan for employers to offer workers. ADP said that it partnered with PFPC to created the ties between its systems and the college savings programs.

Joe Grana, vice president of Marketing at ADP 529 Services said that the additions of the two plans were made in response to client demand for more alternatives. "We were asked, however when additional 529 plans would be available through our program," said Grana.

The Banc of America plan is admistered is offered through South Carolina while the PIMCO Advisors plan was created by South Dakota.

"The efficiencies provided through the ADP platform will help differentiate our product in the competitive 529 corporate market space," said Beth Hetzel, managing director product management at Banc of America Capital Management.

Stephen Jobe, senior vice president of Marketing at PIMCO Advisors, explained that his firm partnered with ADP to offer clients a "superior 529 plan that is easy to set-up and administer."  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use