Dropping a statement in the mail may sound like a relatively simple task to your clients, but Schwab knows it can be one of the most labor-intensive and costly tasks your firm undertakes. Clients expect the "lights-on" work of mailing statements to be completed quickly and accurately, and you need to manage the process efficiently and produce a document that gives your participants the information they need.

To provide more options for your paper statement production, Schwab Retirement Technologies® (Schwab RT) entered into an agreement with Broadridge to help enhance your statement production and delivery process. Broadridge is an industry leader in providing firms a statement management process to print and distribute by traditional mail. Last year alone, Broadridge printed more than 2.9 billion images and mailed more than 200 million personal financial documents on behalf of the world's leading financial institutions.

Outsource the statement production and keep your custom design

Some of your participants will only know your firm through their quarterly statement. You shouldn't be forced to choose between a pre-formatted statement template or doing the print/mail work yourself. With Broadridge statement outsourcing, you get the best of both worlds. They can work with your proprietary statement design and take the printing and mailing work off your shoulders.

Broadridge has the flexibility to print using your specific fonts, in full process color and in a duplex format. This helps you to reinforce your firm's brand image to participants. They can even support your proprietary statement design down to the plan level!

Broadridge can also handle printing additional collateral with each statement (i.e. newsletters). You have the flexibility to choose whether you include your content with your print file for Broadridge or use their content they have available at an extra cost.

Attain production speed without sacrificing accuracy

The statement production process is designed to integrate seamlessly into your current Schwab Automated Retirement Processing ("SchARP") eStatement workflow process. SchARP will automatically generate your statement print file and securely transfer it to Broadridge.

Best of all, you benefit by receiving the negotiated preferred pricing rates and services through Schwab RT. This is classic economies of scale at work. Additionally, because we know your clients expect a quick turnaround, Broadridge has agreed to a four calendar day turn around time for your printed statements.

Schwab Retirement Technologies is pleased to offer you Broadridge paper statement outsourcing to simplify the administration of your retirement plans. If you would like additional information about Broadridge processing for statements generated through Schwab RT, contact Cele Bryan at Broadridge (443) 352-7250 or cele.bryan@broadridge.com.