We work hard to continually provide Plan Administrators with the latest technology available-so that you can remain competitive for years to come

A recordkeeping system with abundant future potential.
Schwab RT Recordkeeping technology helps you establish a solid foundation for recordkeeping service. Whether you chose our in-house, SQL Recordkeeping System, or chose to outsource your recordkeeping technology with our Application Service Provider (ASP) model, Schwab RT provides you with the flexibility and scalability you need to accomodate future needs. Discrete, yet, fully integrated business modules exist within an open architecture that enables superior integration with peripheral systems-an architecture that diminishes the need for costly customization or base code changes. Whether you opt for all modules or just select a few, our applications work together - as an integrated solution.

Schwab RT Recordkeeping
Schwab Retirement Technologies® (Schwab RT) Recordkeeping is a Windows®-based system composed of fully integrated business modules for payroll, reporting, compliance, trading and self-directed brokerage accounts. Schwab RT Recordkeeping supports traditional and daily account valuations.

• Key Features
• Open architecture and integrated business modules
• Supports both daily and traditional account valuations
• Performs in local and wide-area network environments
• Automated, "unattended" processing
• Multi-tasking functionality
• Robust compliance capabilities
• Highly configurable user-level access
• Extensive security administration

Benefits
Schwab RT Recordkeeping offers competitive capabilities for conversion, set-up, maintenance, processing, compliance, reporting and customization. The benefits of Schwab RT Recordkeeping are distinctive—and can have a significantly positive impact on day-to-day plan administration.

• Offers competitive capabilities for conversion, set-up, maintenance, processing, compliance, reporting and customization.
• Provides access to superior integration with peripheral systems for Web, Call Center, Voice applications.
• Diminishes the need for costly customization or base-code changes through open architecture.
• Helps retirement plan administrators establish a solid foundation with their Recordkeeping services.
• Provides flexibility and scalability to accommodate future needs.

• Strong support from the start
• Achieve cost savings from concurrent operator licensing with an unlimited number of operators and multiple log-in capabilities or on a participant change through the ASP.
• Establish and maintain extensive security protocols at global and individual levels with monitoring of operator activity.
• Plan conversions made easy with state-of-the-art facilities, highly experienced staff, individualized attention, and simplified applications.

• Greater efficiencies for processing
• Automated, unattended features—Simply set-up the application, run it and walk away. Less time is spent waiting and watching so more time can be devoted to other projects.
• Multi-tasking functionality—Single log-in is used for simultaneous processing of multiple applications, with the ability to toggle between applications without impacting work-in-progress.
• Uncomplicated portfolio processing—Not limited to core investments, ability to track and report by independent portfolios and underlying investments (including fee calculations), ease of re-balancing and modification.
• Flexible loan administration—Complete automation of loan refinancing and re-amortization.
• Ease of re-ordering funds and fund sources—Meet special requests for customized online and output reports: funds by investment type, in alphabetical order, most frequently used, less frequently used, and more.
• Convenient "what if" transaction processing—Ability to execute a trial run process in edit mode without impacting actual records, allowing for verification of output in advance.

• A complete solution for compliance
• Uniquely integrated—No need to purchase a stand-alone system. Schwab provides a competitive resource for all standard compliance testing.
• Functional differentiation—Flexibility to provide data on both cash and accrual basis, automated processing module for calculating and reporting contribution refunds, compilation of 402(g) limits on calendar year regardless of plan year, and performance of average benefits test.
• Superior reporting—Well organized presentation of data in summary form with clear headings and subheadings. Sorting capabilities are available for detailed calculations of underlying investments.

Schwab RT Application Service Provider (ASP) Model
Schwab Retirement Technologies® (Schwab RT) now offers the Application Service Provider (ASP) model, a technology outsourcing solution to plan administrators who want to outsource both the software and hardware technology to Schwab. The ASP model takes full advantage of the most current Schwab Retirement Technologies' Recordkeeping, Call Center, Web and Voice solutions. By adopting the ASP model, plan administrators can significantly reduce the overall costs and complexity of internal recordkeeping administration.

• Key Features
• Schwab RT hosts the recordkeeping, web, call center, and voice applications on a distributed architecture to easily accommodate TPAs with unique business models.
• Hardware and software capabilities are hosted by the Schwab Data Center located just outside Cleveland, in Richfield, Ohio, the same infrastructure that currently supports Schwab's full-service retirement plan offering. Technical support is provided by representatives located in Richfield, as well as by those at Schwab RT's headquarters in Charlotte, North Carolina.
• Schwab RT configures, runs, maintains and upgrades systems so clients can administer their own plans from their own location.
• Plan administrators maintain control of their recordkeeping process and their data.
• Outsourcing technology means clients maintain control of their business while Schwab assumes ownership of their technology needs.

Benefits

Focus on Your Strengths
The ASP model allows plan administrators to focus on their core business objectives and continue to control their product usage, client management, data and processing rules. Schwab RT maintains the technology so clients can concentrate on what they do best: relationship building, administration and customer service.

Reduce Overall Costs
The ASP model may reduce the overhead cost and complexity of internal recordkeeping administration. Clients can better align revenue and costs to support their business needs. The average TPA spends about a quarter of their annual revenue on IT support such as software and hardware upgrades, license fees, labor, network connections, security, backup recovery and IT staff. With the ASP, no cost is required for IT personnel, hardware/software maintenance, upgrades or training.

Variable Cost Structure
The ASP model offers pure scalability with a varied cost structure based on the number of active participants in the plan. Plan administrators do not need to invest in hardware and software. Costs are directly proportional to revenue and the client base. Schwab RT maintains the technology, so clients do not need to.

Remain Competitive with the Latest Technology Available
The Schwab RT ASP solution helps clients become more competitive and remain current with the latest technology and product support available. They also have direct access to the full suite of Schwab RT products including SQL Recordkeeping, Web, Call Center and Voice, which is also the same software provided to in-house licensed clients. Schwab RT manages the hardware and software, which means easier installations, upgrades and day or night product access. Schwab operates and maintains the servers that run the ASP solution, so they remain current and operational. Plan administrators can focus on growing their business, while Schwab RT delivers the latest technology.