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McCamish Systems Announces Enhancements to Non-Qualified Benefit Plan Internet Capabilities

ATLANTA--(BUSINESS WIRE)--September 25, 2001--McCamish Systems, L.L.C. Is pleased to release substantial enhancements to its Internet support capabilities for the non-qualified benefit plan market.

McCamish Systems' customizable benefit plan web sites, NQBenefits for participants and BPA Online for administrators/sponsors, have been expanded.

Enhancements to the NQBenefits participant site include:

  • An internal rate of return calculator for expected growth of future contributions
  • Current information on accrued income-to-date for money market and bond funds
  • Printable plan-specific forms available for download by participants

These new features complement one of the most advanced and complete non-qualified benefit plan administration sites in operation. All these features can be viewed online at www.nqbenefits.com.

To assist plan sponsors and administrators, McCamish Systems also offers BPA Online, which allows plan sponsors and remote administrators to request, view and print all plan-related reports and forms. BPA Online now also provides access for security-cleared designees of the plan sponsor to view and transact business on behalf of participants. All these features can be viewed online at www.bpaonline.com.

McCamish customers can also look forward to a significant number of new Internet capabilities over the next 12 months, including online participant enrollment later this year.

McCamish Systems, L.L.C.

McCamish Systems' VPAS® (Variable Product Administration Systems) product family includes VPAS® Life and VPAS® Benefit Plan Administration as client/server based, relational database systems that are scalable, feature-rich and flexible enough to be customized to suit unique client requirements. McCamish provides its solutions in BPO (Business Process Outsourcing), Remote or License environments.

VPAS® Life supports administration of variable and fixed annuities, variable and fixed universal life, private placement products, and corporate and bank owned life insurance programs (COLI and BOLI). VPAS® Benefit Plan Administration provides record keeping capabilities for SERP, Split Dollar and other non-qualified benefit plans. All VPAS® products are Internet enabled, allowing security-cleared clients, brokers, agents, sponsors and participants access to policy and plan information.

McCamish Systems is a privately held company based in Atlanta, Georgia.

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For more information about McCamish Systems, please contact our Sales & Marketing group at Solutions@McCamish.com or call 800.366.0819.

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