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Products March 8, 2001
WINDOW OF OPPORTUNITY – Circle Trust Expands 401(k) Brokerage Window
August 15, 2000 (PLANSPONSOR.com) -
Connecticut-based Circle Trust Company (CTC) offers a
self-directed brokerage option to its Third Party
Administrator (TPA) clients via a new strategic alliance with
National Discount Brokers.
Reported by editors@plansponsor.com
Participating plan sponsors will be able to offer account holders the self-directed option as an additional investment vehicle through CTC’s website at http://www.circletrust.com .
Participants will receive a consolidated account statement.
The alliance will bring access to some 150 mutual fund families and over 5,000 individual funds through their NDB.com account.
Previously, CTC 401(k) account holders rarely were provided a self-directed brokerage option.
– Nevin Adams editors@plansponsor.com