Paycor and UNIFI Team Up to Offer Retirement Plan Options
LINCOLN, NE, and CINCINNATI, OH, December 10, 2007 -- Paycor, Inc. has teamed up with UNIFI Companies Retirement Plans to offer small- to medium-sized businesses a competitive, integrated approach for managing their payroll and adding a retirement plan to their package of benefits.
Paycor works with UNIFI Companies Retirement Plans to reduce the amount of time a business spends gathering administrative data. The streamlined, integrated process also improves reliability by automatically transferring retirement information from payroll records to the retirement plan administrator.
"Paycor and UNIFI Companies Retirement Plans are focused on the same goals: excellent service, customer satisfaction, and helping businesses offer a valued benefit to current and prospective employees," said Bob Coughlin, Paycor's chief executive officer. "This relationship allows us to offer a seamless and integrated process for the complicated tasks of 401k recordkeeping and administration."
"We're very excited about our strategic alliance with Paycor," said Ed Deeds, vice president of sales and marketing for UNIFI Companies Retirement Plans. "Our business models match up very well for services we can provide to small- to medium-sized businesses. This relationship presents great opportunities for Paycor, UNIFI Companies Retirement Plans and our clients."
For the business that wants to sponsor a retirement plan, Paycor and UNIFI Companies Retirement Plans offer well-designed flexible plans and assist with the complicated details, fiduciary responsibilities, due diligence, monitoring and evaluation of their fund portfolio that can be burdensome for smaller businesses. Employees who participate in such plans have secure on-line access for transactions, along with educational materials and calculators to help them make informed decisions about investments in their retirement plan account.
About Paycor, Inc.
Paycor, Inc., with headquarters in Cincinnati, Ohio, is one of America's largest and fastest growing payroll service providers, with more than 13,000 clients nationwide. Paycor was recently named the payroll service provider of the year for 2007 by the Independent Payroll Providers Association. Paycor is not affiliated with UNIFI Companies Retirement Plans.
UNIFI Companies Retirement Plans
UNIFI Companies Retirement Plans is an affiliation of Ameritas Life Insurance Corp. and The Union Central Life Insurance Company's retirement plans divisions. These companies represent the retirement plans products and services of the UNIFI Companies.
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