401K user software

Claim 2

A computer-based retirement plan comprising: a menu-based data input interface; a plurality of main menu selections including any of: mutual fund information, management reports or employer information; said mutual fund information including at least group and portfolio administration; said management reports including at least one of: client list or commission administration; said employer information including at least one of: report compilations, employee information, mutual fund choices, vesting schedules or monthly processing; said employer information further comprising individual account number allocation per employee for each separate mutual fund choice, and wherein said individual account number allocation enables one or more of: adding individual mutual fund choices separate from other employee choices, producing monthly reports for each individual without direct interaction with other employee accounts; producing direct access to mutual fund balances for an individual employee based only on the individual account number, or adding new mutual fund choices for individual employees without modification of other employee fund choices.

Claim 3

A computer-based retirement plan as per claim 1, wherein said retirement plan further comprises automatic rollovers based on the collection of each of said individual account numbers allocated for an individual employee and subsequent conversion thereafter.

Claim 4

A computer-based retirement plan as per claim 2, wherein said automatic rollover further allows each employee to maintain investment choices and existing investment strategy despite separation from the existing retirement plan.

Claim 5

A computer-based retirement plan as per claim 3, wherein said maintenance of investment choices despite separation from the existing retirement plan enables transference directly into a new employer plan of the present invention without modification, loss or conversion of said existing investment choices.

Claim 6

A computer-based retirement plan as per claim 1, wherein said plan may be implemented locally or remotely on one or more computer-based systems, across networks or existing communication mediums.

Claim 7

A computer-based retirement plan as per claim 5, wherein said across networks element comprises any of LANs, WANs, cellular, Internet or Web based networks.

Claim 8

A computer-based retirement plan as per claim 1, wherein said retirement plan comprises a 401(k) plan.

Claim 9

A computer-based retirement plan as per claim 1, wherein said employees can verify their current account balances by contacting mutual fund companies directly and requesting the required information using said individual account numbers.

Claim 10

A computer-based system implementing a retirement plan wherein an employer can change from in-house investment selection-administration pairings chosen at the plan's outset without affecting existing accounts comprising: a menu-based data input interface; a plurality of main menu selections including any of: mutual fund information, management reports or employer information; said employer information comprising at least individual account number allocation per employee for each separate mutual fund choice, and wherein said individual account number allocation enables adding individual mutual fund choices separate from other employee choices thereby eliminating a required modification of existing plan mutual fund choices.

Claim 11

A computer-based system implementing a retirement plan wherein an employer can change from in-house investment selection-administration pairings chosen at the plan's outset without affecting existing accounts comprising: a menu-based data input interface; a plurality of main menu selections including any of: mutual fund information, management reports or employer information; said employer information comprising at least individual account number allocation per employee for each separate mutual fund choice, and wherein said individual account number allocation enables adding individual mutual fund choices separate from other employee choices thereby eliminating a required modification of existing plan mutual fund choices.

Claim 12

A computer-based system implementing a retirement plan as per claim 9, wherein said retirement plan further comprises automatic rollovers based on the collection of each of said individual account numbers allocated for an individual employee and subsequent conversion thereafter.

Claim 13

A computer-based system implementing a retirement plan as per claim 10, wherein said automatic rollover further allows each employee to maintain investment choices and existing investment strategy despite separation from the existing retirement plan.

Claim 14

A computer-based system implementing a retirement plan as per claim 11, wherein said maintenance of investment choices despite separation from the existing retirement plan enables transference directly into a new employer plan of the present invention without modification, loss or conversion of said existing investment choices.

Claim 15

A computer-based system implementing a retirement plan as per claim 9, wherein said across networks element comprises any of LANs, WANs, cellular, Internet or Web based networks.

Claim 16

A computer media product implementing a retirement plan as per claim 13, wherein said maintenance of investment choices despite separation from the existing retirement plan enables transference directly into a new employer plan of the present invention without modification, loss or conversion of said existing investment choices.

Claim 17

A computer media product implementing a retirement plan as per claim 14, wherein said employees can verify their current account balances by contacting mutual fund companies directly and requesting the required information using said individual account numbers.

Claim 18

A computer-based system implementing a retirement plan as per claim 9, wherein said retirement plan comprises a 401(k) plan.

Claim 19

A computer-based system implementing a retirement plan as per claim 9, wherein said employees can verify their current account balances by contacting mutual fund companies directly and requesting the required information using said individual account numbers.

Claim 20

A computer-based system implementing a retirement plan as per claim 9, wherein said plan may be implemented locally or remotely on one or more computer-based systems, across networks or existing communication mediums.

Claim 21

A computer media product implementing a retirement plan with: access to multiple SEC-regulated investment options, without restrictions on: the number of mutual fund families, investments that a company can choose for its plan, or addition of new funds to an existing in-house investment selection-administration pairings chosen at the plan's outset without modifying existing accounts, comprising computer programmable code implementing: a menu-based data input interface; main menu selections including a plurality of retirement plan administrative selections; allocation and tracking of individual account numbers per employee for each separate mutual fund choice, and wherein said allocation and tracking of individual account numbers per employee for each separate mutual fund choice enables: addition of individual mutual fund choices separate from other employee choices; production of monthly reports for each individual without direct interaction with other employee accounts; production of direct access to mutual fund balances for an individual employee based only on the individual account number, and addition of new mutual fund choices for individual employees outside of existing choices without modification of other employee fund choices or existing plan structure, thereby creating unlimited investment options and tracking thereof, without modification of remaining member accounts.

Claim 22

A computer media product implementing a retirement plan with: access to multiple SEC-regulated investment options, without restrictions on: the number of mutual fund families, investments that a company can choose for its plan, or addition of new funds to an existing in-house investment selection-administration pairings chosen at the plan's outset without modifying existing accounts, comprising computer programmable code implementing: a menu-based data input interface; main menu selections including a plurality of retirement plan administrative selections; allocation and tracking of individual account numbers per employee for each separate mutual fund choice, and wherein said allocation and tracking of individual account numbers per employee for each separate mutual fund choice enables: addition of individual mutual fund choices separate from other employee choices; production of monthly reports for each individual without direct interaction with other employee accounts; production of direct access to mutual fund balances for an individual employee based only on the individual account number, and addition of new mutual fund choices for individual employees outside of existing choices without modification of other employee fund choices or existing plan structure, thereby creating unlimited investment options and tracking thereof, without modification of remaining member accounts.

Claim 23

A computer media product implementing a retirement plan as per claim 19, wherein said retirement plan further comprises automatic rollovers based on the collection of each of said individual account numbers allocated for an individual employee and subsequent conversion thereafter.

Claim 24

A computer media product implementing a retirement plan as per claim 20, wherein said automatic rollover further allows each employee to maintain investment choices and existing investment strategy despite separation from the existing retirement plan.

Claim 25

A computer-based retirement plan as per claim 19, wherein said plan may be implemented locally or remotely on one or more computer-based systems, across networks or existing communication mediums.

Claim 26

A computer-based retirement plan as per claim 22, wherein said across networks element comprises any of LANs, WANs, cellular, Internet or Web based networks.

Claim 27

A computer media product implementing a retirement plan as per claim 19, wherein said retirement plan comprises a 401(k) plan.

Claim 28

A computer-based retirement plan including: a plurality of employee accounts, mutual fund selections and employee choices thereof, employer information and monthly reporting comprising: a menu-based data input interface; employer information comprising individual account number allocation per employee for each separate mutual fund choice, and wherein said individual account number allocation enables one or more of: adding individual mutual fund choices separate from other employee choices, producing monthly reports for each individual without direct interaction with other employee accounts; producing direct access to mutual fund balances for an individual employee based only on the individual account number, or adding new mutual fund choices for individual employees without modification of other employee fund choices.

Claim 29

A computer-based retirement plan including: a plurality of employee accounts, mutual fund selections and employee choices thereof, employer information and monthly reporting comprising: a menu-based data input interface; employer information comprising individual account number allocation per employee for each separate mutual fund choice, and wherein said individual account number allocation enables one or more of: adding individual mutual fund choices separate from other employee choices, producing monthly reports for each individual without direct interaction with other employee accounts; producing direct access to mutual fund balances for an individual employee based only on the individual account number, or adding new mutual fund choices for individual employees without modification of other employee fund choices.

Claim 30

A computer-based retirement plan as per claim 25, wherein said plan may be implemented locally or remotely on one or more computer-based systems, across networks or existing communication mediums.

Claim 31

A computer-based retirement plan as per claim 26, wherein said across networks element comprises any of LANs, WANs, cellular, Internet or Web based networks.

Claim 32

A computer-based retirement plan as per claim 25, wherein said retirement plan comprises a 401(k) plan.

Claim 33

A computer-based retirement plan as per claim 25, wherein encryption is embedded within said employer information.

Claim 34

A computer-based retirement plan as per claim 25, wherein an electronic summary of employee accounts and modifications is automatically generated.

Claim 35

A computer-based retirement plan as per claim 25, further comprising ADP testing including a what-if pre-processing grid.