New 401 (k) Program Offers Top Investment Options & Customized Plans

The New York Bankers Service Corporation (NYBSCO) and Milliman, Inc., a leading provider of retirement plan services, have developed an attractive, affordable and reliable 401 (k) program for New York Bankers Association Member Banks and their employees. The plan includes access to a state-of-the-art, Web-enabled system and best-in-class investment options at low expense levels, so participants realize better investment returns. Each participating bank can choose its own plan provisions and investment options that include mutual funds, institutional share class funds, company stock and model portfolios. The program provides participating employees with instant access to benefit information, including retirement information and tools that give participants the opportunity to estimate future retirement benefits. Milliman, which has serviced NYBA’s Pension Plan for more than 10 years, provides services for some 4,000 retirement plans, representing more than two million participants.

 For further information, please call Randy Broscious of Milliman at (518) 514-7100, e-mail: randall.broscious@milliman.com. , or NYBA’s Gus Kananis at (518) 434-3556, e-mail: gkananis@nyba.com.


Bank Employee Benefit Insurance Plans

  • Group Dental Plan

  • Group Term Life and AD&D

  • Optional Term Life Insurance for Employees

  • Executive Supplemental Life and AD&D

  • Dependent Life Insurance

  • Directors Life Insurance

  • Personal Accident Insurance

  • Long Term Disability

  • NYS Short Term Disability

BISYS  ̶  Qualified Forms

Clark Consulting - Bank-Sponsored Long Term Care Plans for Executives & Directors

Clark Consulting  ̶  Executive Group Term Carve-Out

Clark Consulting  ̶  Deferred Compensation Plans For Bank Executives And Directors

Defined Benefit Retirement Plan

Job Bank

Progressive Insurance  ̶  D&O And Blanket Bond

Unum Provident  ̶  Group Long Term Care

Unum Provident  ̶  Voluntary Short-term Disability

Workers Compensation Safety Group

 

©1999-2007 New York Bankers Association. All rights reserved. The information presented here may not under any circumstances be resold or redistributed, by framing or similar means, without prior written permission from the New York Bankers Association. In addition, users of nyba.com should note the restrictions of providers of linked-to web sites on the information contained in those web sites, and to abide by all restrictions placed on that information by such providers.
home | about nyba | government relations | education & meetings | profit solutions | publications | resources | search | job bank
press room | consumer center | contact us | site map