Beginning today, and in the coming weeks ahead, Retirement Clearinghouse will be rolling out our new corporate logo, as part of the ongoing evolution of our retirement savings portability services.
Reasons for the Change
Since February 2013, when we announced our rebranding to Retirement Clearinghouse (RCH), we’ve had a singular focus on offering retirement savings portability solutions that 1) minimize cashout leakage and 2) move retirement savings forward when participants change jobs.
Our goal has been nothing short of revolutionizing the processes that occur for retirement savers, post job-change. RCH’s services have been proven successful in reducing leakage by over 50%, and since 2013 we’ve invested considerable time and energy in bringing auto portability to America’s defined contribution system.
Auto portability is a game-changer. Using electronic records matching, auto portability will automatically locate a small-balance, separated participant’s new retirement savings account and move their retirement savings forward, consolidating their savings in their current employer’s qualified plan. With portability becoming the easiest choice for participants, auto portability will dramatically increase the retention of small-balance retirement savings and increase retirement security for millions of Americans. Participants, plan sponsors and service providers will all benefit greatly from auto portability, as our Auto Portability Simulation (APS) model has demonstrated.
In 2017, we fully expect that the process of implementing auto portability will begin to make significant progress. As such, RCH’s corporate branding should reflect that. Our new logo includes elements that convey our position as the “utility” at the center of auto portability’s electronic records matching process, ensuring that retirement savings move forward efficiently and effectively, as participants change jobs.
Effective immediately, our corporate website (www.RCH1.com) reflects the new RCH logo.
By the end of the first quarter 2017, all of our corporate branding, including all letters and statements will adopt the new logo. Our subsidiaries – RCH Securities and RCH Shareholder Services – will also transition to new logos.
As always, RCH will continue to deliver the highest levels of service to our plan sponsors, their participants, our accountholders and our service provider partners. We’re excited about the opportunities that 2017 will bring, and we’re deeply grateful to all of our partners.
Should you have any questions, please contact RCH at (866) 827-9608.