Once a plan sponsor decides to enroll in the program, they simply sign the Automatic EGTRRA Enrollment agreement and return it to the IRA provider. As the program administrator, WMSI:

• Processes enrollment agreements.
• Coordinates between the IRA provider and recordkeeper.
• Sends notice to plan sponsors confirming their enrollment.

This process significantly reduces your administrative burdens and limits the personnel resources required to administer and service your mandatory rollover program.

If you decide to brand the program as your own using your company name and logo, you can elect to have all plan sponsor agreements returned to you. Then, you would simply coordinate with WMSI to forward the enrollment agreements for processing.