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First Mercantile Adds Online Tool for Managing Retirement Plan Participant Portfolios

PRNewswire
MEMPHIS, Tenn.
Nov 2, 2005

As part of our commitment to assist investment consultants in helping their retirement plan clients meet their retirement goals, First Mercantile has released a new participant management report. This report, called the Highly Concentrated Participant Report, helps consultants monitor participants' investment allocations in their retirement plan accounts.

"Many participants have investment allocations that are either too conservative or too risky for meeting retirement goals. First Mercantile recognized that consultants find monitoring their participant accounts a time- consuming and difficult task," states Rick Hansen, National Sales Manager. "With this report easily found at www.firstmerc.com , consultants can easily identify participants with high risk profiles and offer investment advice to those who need it."

The Highly Concentrated Participant Report lets investment consultants enter an allocation percentage. The report then identifies all participants with a fund that has an allocation greater than the percentage entered. To make it even easier for consultants, the report runs the participant data for all of their plans at one time and for better reference, creates a separate page for each plan.

First Mercantile is headquartered in Memphis, Tennessee and is a wholly owned subsidiary of SunTrust Banks, Inc., one of the nation's largest and strongest financial holding companies. First Mercantile has provided retirement plan products and services for more than 32 years to businesses and individuals nationwide. For more information, visit www.firstmerc.com .

SOURCE: First Mercantile

CONTACT: Phil Maness, Marketing Director of First Mercantile,
+1-901-260-9049, or fax, +1-901-753-9863, or pmaness@firstmerc.com