Klein’s K4 Plan Goals System Certified Under Pension Protection Act
RESEARCH TRIANGLE PARK, NC – April 11, 2012 – Today, investment process innovator Klein Decisions, Inc. received certification on its K4 Plan Goals investment advice computer model by Roland|Criss, a fiduciary practices audit firm. Klein Decisions offers its K4 Plan Goals computer model to advisors and other service providers nationwide that provide investment advice to retirement plan participants. The model allows investment advisors to add value to their retirement plan client relationships by simplifying a typically complex participant investment decision-making process
The certification of these types of computer systems is required by the Pension Protection Act of 2006, which, subsequent to its adoption, became an integral part of the Employee Retirement Income Security Act of 1974 (“ERISA”). With an annual certification of this computer model, Klein Decisions’ K4 Plan Goals technology is in compliance with ERISA, and will continue to be utilized by thousands of retirement plan participants and advisors across the country.
Robert Padgette, Klein Decision’s CEO and President, said, “The robust audit program that Roland|Criss administered actually went beyond the Department of Labor’s requirements. We are delighted that our clients can have the assurance of the capability of our K4 Plan Goals computer model through this certification, and we look forward to helping them and plan participants more easily navigate their future investment-related decisions with this technology.”
About Klein Decisions, Inc.
Klein Decisions was founded in 2002 by Robert L. Padgette, CFA, CIMA, to develop dynamic decision systems that incorporate investor goals and priorities into the investment decision process. Headquartered in Research Triangle Park, NC, Klein’s team of experienced investment and technology experts have introduced a suite of Web-based applications based on a patented process that precisely quantify an investor’s goals, behaviors and preferences, and integrate that insight into a personalized investment solution. Additional information about Klein Decisions is available via the Internet at www.kleindecisions.com.
Roland|Criss is the premier fiduciary manager in the U.S. for corporate retirement plan sponsors, endowments, and foundations. It does not sell investment, administration, custodian or any other operational services that would conflict with the role of an independent advisor. Roland|Criss champions the cause of fiduciary excellence by equipping leaders in the ERISA qualified benefit plan and charitable trust communities with the knowledge, tools, and training they need to fulfill their legal and ethical obligations for managing workflows and vendor relationships. From fiduciary counseling, to training and education, to assessments and certification, Roland|Criss is your partner in fiduciary excellence. To learn more, visit Roland|Criss’ website, at www.rolandcriss.com.