401k loans are a snap with Advisors 401(k), too!

-- You get one of those great plan-specific info packs (the Loan Pac) that explains 401k loans to your plan's participants and gathers the information you need from them.

-- Your custom 401k software handles all the payment calculations.

-- Your custom 401k software prepares notification to the investment company to liquidate the necessary funds, too.

-- Your custom 401k software even automatically deducts the proper loan payments from contributions made to the participant's account until the loan is repaid.