ALISO VIEJO, Calif., Oct. 26, 2009 — vWise Inc. today announced that Reading, Massachusetts-based Sentinel Financial Group will add SmartPlan Enterpise to its participant platform. Sentinel joins a growing list of prominent TPA's and providers using the award-winning SmartPlan Enterprise solution.
"On January 1, we will be installing SmartPlan Enterprise onto our [SunGard] Relius platform, and throughout 2010 we will continue to roll it out to more plans," Sentinel president and CEO John Carnevale confirmed. "I see SmartPlan Enterprise as an easy way to bring modern communications technology to our platform, and a way to differentiate ourselves."
"Sentinel is committed to delivering a rich online participant experience, and our SmartPlan Enterprise is the perfect fit," 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 Enterprise can help increase plan enrollment, raise participant contribution levels, and reduce support costs.
The SmartPlan Enterprise participant 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 Enterprise system is integrated with a provider's participant database, to deliver a custom experience and allow upload of participant choices. It 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 plans is as easy as pressing a few buttons.
About Sentinel Financial Group
Sentinel Financial Group provides a full range of financial services to companies and individuals who rely on the firm's expertise and advice in managing their employee benefits and retirement plans, personal insurance, wealth management, individual investment needs, and more. With more than $2.2 billion in assets under administration, the firm serves more than 3,000 clients throughout the U.S. and has become Massachusetts' largest privately owned employee benefits firm. For more information, visit http://www.sentinelgroup.com.
About vWise
vWise is a leading developer of rich-media internet applications based upon its E3 (that's E-Cubed) architecture. Its SmartPlan Enterprise solution, 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, visit http://www.vwise.com.
For more information, contact:
Gregory Newman
(949) 716-1277
Email
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