Our Daily Platform℠ is the benchmark
for cash balance plan administration. The system handles all day-to-day calculations, providing sponsors with an automated solution which simplifies the administrative experience.
Utilizing a fully self-service model, the system allows plan administrators to:
- View / edit participant data
- Manage work flow
- Create / process distributions
- Manage beneficiary information
- Generate Reports
- See daily updated plan activity
A centralized, easy-to-use, Administration Dashboard provides sponsors with a snapshot of essential plan information, deliverables and outstanding tasks. Sponsors can also access full data about any participant and perform tasks such as interactive terminations or beneficiary information updates.
Save Time & Money
Make plan management simple. The Daily Platform℠ can be integrated with your Custodian and accessed by your actuary, investment professional and participants, allowing for streamlined actuarial calculations and fewer surprises. We place updated plan information at your fingertips, saving you time
and unnecessary costs.
Scroll left/right below to see the highlights of the Administration Dashboard in more detail
Daily Funded Status
Using the Daily Asset Timeline sponsors can quickly see plan funded status, detailed daily account activity (inflows and outflows) and track assets and benefits in tandem – both on an aggregate basis or by individual. Automatically account for gains/losses in an unallocated side account – keeping the plan in balance.
Understand Investment Potential
With access to benefit and asset data, investment professionals will be able to custom tailor an investment strategy to specific company goals.
Explore O3's Daily PlatformSM
The images shown above reflect a composite view of information available throughout the Daily Platform.