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Standard introduces small-plan record-keeping tool

record-keeping

The solution, which targets retirement plans with up to $2 million in assets, is built on a large-plan platform and can accommodate growth.

Standard Retirement Services, a Portland, Oregon-based provider of record-keeping and investment services for retirement plans, has introduced a record-keeping solution for retirement plans with up to $2 million in assets.

Called Accelerate, the tool “enables small plans to grow on the same platform as large plans” so as to avoid conversions later on, the company said in a release.

Optional fiduciary investment services are available from Morningstar.

[More: More companies planning PEPs, with potential in auto-IRA states]

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