| Service Offerings | | New client restrictions | Plan Types Not Available on All Platforms: Leveraged ESOP, Equity Awards, 401(h), Dual Qualified (PR/US), Multi-Vendor Essential Choice and Focus Choice: Plan Types Not Available: Employee Stock Ownership Plan (ESOP), Multiple Employer, Tribal Plans Plan Types Available Only with a TPA: Defined Benefit, Money Purchase Pension, 403(b), 457(b), 457(f), Taft Hartley (multi-employer), Puerto Rican Plans, Non-qualified Focus Choice Select: Plan Types Not Available: 457(b), 457(f), Defined Benefit, ESOP, Money Purchase Pension, Multiple Employer, Non-qualified, Puerto Rico, Taft Hartley (multi-employer), Tribal Plans Tailored Choice and Enterprise Choice: Plan Types Not Available: Taft Hartley (multi-employer) |
| Multiple service models | No |
| Offers corporate trustee services | Yes - either direct or via partnership |
| #of internal ERISA counsel | No |
| Will act as a 3(16) fiduciary | Yes - either direct or using third party offerings |
Bottom part for Providers
Walgreens announced Wednesday the launch of its Student Loan 401(k) Match Program—a benefit for student loan borrowers made available for employers to implement by the SECURE 2.0 Act of 2022.
The new benefit will be available to Walgreens employees in January 2025 and will allow participants to qualify for company 401(k) match contributions as they pay down their student loans.
