Our unbundled services product, NYLIM Direct, is geared toward employers who would like to utilize a local Third Party Administrator. We offer administrative solutions to complement the existing services you're currently receiving.
NYLIM Direct enhances service to participants through...
Internet access
24-hour automated account information via a toll-free telephone number
Telephone service representatives
Daily pricing and account valuation
Quarterly participant statements
Loan calculations and modeling
...while plan sponsors take advantage of these critical recordkeeping services
Loan amortization
Tracking of loan repayments
Issuance of distribution checks
Tax withholding and remittance
Quarterly sponsor trust reports
Quarterly TPA trust reports
Local registered representative to help maximize the benefits of NYLIM Direct
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