GROUP PENSION ADMINISTRATION
Computrol's Group Pension Administration system allows investment companies to implement a wide range of
financial services and investment products for pension plan administrators and trust officers. It performs the
accounting for the underlying investments in multiple contracts within multiple pension plans for an employer.
GPA automatically relates critical pension data to simplify access and administration.
GPA Benefits
 Employer Centric Services - GPA provides
diverse options for plan sponsors and trustees. Flexible plan and product mix definitions satisfy a sponsors
unique design requirements. Modeling promotes the sponsors financial goals. Transaction confirmations,
earnings and periodic statements for both sponsors and trustees conveniently communicate timely information.
Call centers provide prompt and comprehensive responses to live inquiries using the relationship links between
the pension plan, the operating and investing agreements, and the investments. GPA fosters the individual touch. |
| Broader Revenue Base - GPA helps investment
companies increase fee income. Value added services are attractive options for plan administrators and trust
officers. Fees, like gross rate charge, can be assessed for additional contract provisions. Conversely,
penalties can be assessed for failure to comply with specific contract terms. Surrender charges can be assessed
for early termination of a contract with non-term investments. Fees, penalties, and charges positively impact the
bottom line. |
| Improved quality and reliability - GPA
automates manual tasks that have the potential of error resulting in lost productivity. The system automatically
triggers the appropriate transactions to adjust the investment mix when the contract does not conform to the
financial model. It provides a revaluation of investment products after error correction. It tracks the receipt
of administrative documents. GPA reduces clerical effort and improves the accuracy of information. |
GPA Features
The Group Pension Administration system supports a variety of plan types including defined contribution, employee
benefit trust, ESOP, government, hospital, foundation, and other qualified and non-qualified plans. Some of its more
important features are:
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Integrated relationship for employer, plan, contract and investment |
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Discretionary and non-discretionary investment management |
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Security authorized functions |
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Company defined parameters - allocation models, investment processing,
deposit and withdrawal provisions, window period processing, fees, penalties and charges,
and disbursements |
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Bullet and window contracts |
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Single, cycled, and scheduled serial payouts |
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Voluntary cash-out provisions |
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Reallocation |
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Mark-to-market |
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What-if modeling |
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Voluntary cash-out provisions |
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Tax reporting |
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Optional broker component |
More Information
For additional information regarding Computrol’s Group Pension Administration system
contact Computrol.
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