SYSTEM AND METHOD FOR COMPARING RETIREMENT PLAN SERVICES

摘要

Online market place where employers can obtain quotes for retirement plan services from multiple providers enabling employers to compare complex plan costs and select the appropriate service providers for their retirement plan. This invention creates an online marketplace for the retirement plan industry that enables an employer to comparison shop and setup the most cost effective plan, thereby having a positive effect on investment returns on behalf of retirement savings of plan participants. This invention enables an employer to get quotes from multiple service providers and presented on a user interface screen which enables an employer to compare quotes

主权项

1. A method of providing a marketplace for retirement plans, comprising:
automatically at a server of a retirement plan advisor, in response to a request for a quote, activated via a quote request page presented on a first web browser of an employer seeking a retirement plan, determining at least one appropriate retirement plan type corresponding to the request for the quote; automatically retrieving, from a non-transitory computer storage media coupled to the server, information identifying at least one retirement plan provider offering the at least one appropriate retirement plan type in the marketplace; automatically at the server, transmitting the request for the quote to the at least one retirement plan provider; automatically at the server, in response to receiving at least one quote submission, activated via a quote submission page presented on a second web browser of the retirement plan provider, transforming the at least one quote submission to a plan comparison data, automatically with the server computer generating for the first web browser, a retirement plan comparison page presenting the plan comparison data set for each of the at least one quote submissions to the employer.