PremiumSelectSimplified pricing with attainable fee reductions for plans of all sizes
- Discounts available independent of minimum account balances, participation rates or plan level assets
- Qualifying discounts on thousands of PremiumSelect mutual funds from more than 50 fund families
- Ability to choose from more than 14,000 mutual funds traded through the National Securities Clearing Corporation (NSCC)
Third party administration services are often offered at deep discounts, sometimes even free. In most cases, to qualify for these discounts your plan must have a minimum level of assets and/or participants. Because these asset and participant requirements are usually quite high, the discounts apply only to very large plans. DRS believes that any plan, regardless of size, should be able to receive administration discounts. That’s why our PremiumSelect program brings administration discounts to plans of all sizes.
Simplified Pricing, Real Discounts
PremiumSelect offers plan sponsors simplified pricing with attainable fee reductions. By choosing investment options from a list of exclusive PremiumSelect funds, our clients receive a discount on per eligible employee fees, commensurate to the ratio of PremiumSelect funds offered in the plan’s fund lineup. Clients receiving the maximum discount would have these fees waived entirely. The unique advantage of the PremiumSelect program is that discounts are not dependent on minimum levels that lie beyond the client's control.
With unprecedented flexibility and a straightforward price structure that provides discounts easily within reach, PremiumSelect is the superior solution if you are considering a fully bundled product.
- Discounts independent of minimum account balances, participation rates or plan asset levels.
- Ability to choose from over 14,000 mutual funds traded through the NSCC.
- Qualifying discounts on over 4,500 PremiumSelect mutual funds from more than 50 fund families.