Ithaca, NY (March 19, 2015) — Envisage Information Systems, LLC, a leading provider of technology solutions for the retirement industry, has become a member of ASPPA’s Council for Independent 401(k) Recordkeepers (CIKR). CIKR is a national organization of 401(k) plan service providers. Members are unique in that they are primarily in the business of providing retirement plan services, offering a wide variety of investment options from various financial services companies without an inherent conflict of interest. “We are happy to welcome Envisage Information Systems to the CIKR board,” said ASPPA CEO Brian Graff. “As a service provider to the retirement industry’s record keepers and third-party administrators, Envisage will bring a fresh perspective and a new angle to our work.”
By focusing their businesses on efficient retirement plan operations and innovative plan sponsor and participant services, CIKR members are a significant and important segment of the retirement plan service provider marketplace. “Becoming a member of the CIKR board is a great fit for Envisage,” stated Jon Prescott, vice president of institutional business development. “We understand the challenges of this industry and bring the technology perspective to the issues that are important to the administration of qualified and non-qualified retirement plans.”
Collectively, the members of CIKR provide services for more than 70,000 retirement plans covering 3 million participants with approximately $130 billion in retirement assets.
About Envisage Information Systems
Envisage Information Systems, LLC is one of the largest software development companies providing web, common remitter, and workflow solutions for the retirement industry. Since 1995 Envisage has been exclusively serving mid to large-scale record keepers and financial companies. Envisage solves complex problems related to remittance processing, compliance, communication, and calculations in the 401(k), 403(b) and 457 markets. Envisage provides licensed product solutions as well as custom software development and systems integration expertise. Additional information about Envisage’s products and services can be found at www.envisagesystems.com. Envisage is a member of the TIAA-CREF group of companies.
Cheri L. Moeder
Corporate Communications Specialist
Envisage Information Systems, LLC
607.275.5710, ext. 185