Insperity Announces Launch of New Retirement Planning App
401(k) Participants Gain Easy Access to Accounts Via Smartphone, Tablet Application
HOUSTON--(BUSINESS WIRE)-- Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for Americas best businesses, today announced the launch of a new retirement planning application for iOS and, soon, Android devices. The free app from Insperity (NSP) TM Retirement Services provides quick, secure access to an array of 401(k) account information.
The new Insperity Retirement app for Apple and Android devices complements our recently enhanced online Retirement Service Center SM, which has experienced a 30 percent increase in use by plan participants since last years rollout, said Richard Rawson, Insperity president. We understand that 401(k) account holders want to be able to access their plans anywhere, anytime, and the app puts that access at their fingertips.
Plan participants can use the app to review their 401(k) balances, recent contributions and current rates of return. Users also can check on contribution rates and investment allocations, verify loan balances and stay informed through plan news and alerts.
The app is the culmination of a two-year project to redesign and expand the Retirement Service Center, allowing plan sponsors and participants full capabilities to manage their 401(k) online. Through the Retirement Service Center, employees can enroll, change contribution rates and investment elections, add beneficiaries, take out a loan or make a withdrawal without having to submit paper forms. Plan sponsors, likewise, have full access to detailed plan activity, on-demand reports and copies of plan documents.
Insperity Retirement Services, through our Retirement Service Center and now the new app, provides the tools that employees and business owners need to make the most of their 401(k) plan, said Rawson.
About Insperity Retirement Services
Insperity Retirement Services manages nearly $2 billion in 401(k) plan assets, representing the retirement plans of thousands of small and medium-sized businesses. These professionally managed, low-cost plans minimize the burden of daily administration and compliance, assist employees in achieving their financial goals and help businesses attract and retain top talent.
Insperity, a trusted advisor to Americas best businesses for more than 26 years, provides an array of human resources and business solutions designed to help improve business performance. Insperity "Business Performance Advisors offer the most comprehensive suite of products and services available in the marketplace. Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization" solution. Additional company offerings include Human Capital Management, Payroll Services, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Financial Services, Expense Management, Retirement Services and Insurance Services. Insperity business performance solutions support more than 100,000 businesses with over 2 million employees. With 2011 revenues of $2 billion, Insperity operates in 56 offices throughout the United States. For more information, visit http://www.insperity.com.
Investor Relations Contact:
Douglas S. Sharp, 281-348-3232
Senior Vice President of Finance,
Chief Financial Officer and Treasurer
News Media Contact:
Jason Cutbirth, 281-312-3085
Senior Vice President of Marketing
Source: Insperity, Inc.Copyright Business Wire 2013