O’Neil Inks Deal with Retirement Clearinghouse

August 29, 2017

Los Angeles, California – O’Neil Digital Solutions is pleased to be selected by Retirement Clearinghouse to begin digital printing of IRA contribution confirmations and statements on behalf of the leader in 401(k) portability services’ in O’Neil’s Monroe, North Carolina facility.

The deal comes after a lengthy search by Retirement Clearinghouse to find the right organization to provide service that would allow the company to offer the best possible solutions for the 401(k) and IRA account holders they support. Retirement Clearinghouse was looking for a digital print provider to accommodate its growing business, offer innovative solutions that could streamline processes and offer high quality communication to service all their clients. After vetting a number of options, Retirement Clearinghouse selected O’Neil Digital Solutions for their expertise, industry leadership, affordability and the proximity of O’Neil’s newest facility in Monroe to Retirement Clearinghouse headquarters in Charlotte.

The move to O’Neil’s operations will add a new level of efficiency in process and cost savings for the company, allowing for the smart business Retirement Clearinghouse is known for to be even smarter.

Spencer Pringle, Executive Vice President of Retirement Solutions comments, “We are positioning ourselves to play a role in the retirement savings world that could significantly increase the number of retirement plan participants we touch on a daily basis.  This industry requires certain communications be sent by mail, with speed and accuracy being critical in the delivery of information to the end customer.  We were impressed by the investment O’Neil has made in using new, state of the art equipment.  Visiting their local facility and witnessing firsthand their focus on providing the best possible print production services at a cost lower than all their competitors was the differentiator.”

Vice President of Sales and Marketing for O’Neil. Mark Rosson echoes Mr. Pringle’s excitement about the partnership. ”We are excited to partner with industry leader and helping them fulfill their vision. O’Neil’s goal is to help Retirement Plan Providers serve their plan sponsors, and participants through preference-based omni-channel solutions, ultimately changing behavior to achieve retirement and financial wellness goals.”

About Retirement Clearinghouse

Retirement Clearinghouse, LLC is the leading provider of portability and consolidation services for defined contribution plans, acting as a trusted, unbiased intermediary between plan sponsors, participants, record-keepers and other parties. Retirement Clearinghouse’s integrated financial technology, data and information solutions facilitate automated consolidation of small, redundant accounts for sponsors to improve plan performance metrics, and enable participants, regardless of account balance, to seamlessly transport their retirement savings through every phase of their careers.

Retirement Clearinghouse’s portability solutions have been proven to cut cash-outs by over 50% and significantly increase average account balances. The firm’s portability solutions include a domestic call center providing specialized assistance designed to enable end-to-end portability and account consolidation; uncashed check services; and the capability to search for lost and missing participants.

Originally established as RolloverSystems in 2001, Charlotte, N.C.-based Retirement Clearinghouse works with more than 20,700 retirement plans and has helped guide over 1.1 million plan participants with more than $16.9 billion in retirement savings. Retirement Clearinghouse is a portfolio company of The RLJ Companies, founded by Robert L. Johnson. For more information, please visit www.rch1.com.

About O’Neil

O’Neil Digital Solutions LLC is based in Los Angeles, California and provides print and mail services to customers throughout the country. The company was founded in 1973 by William J. O’Neil to produce time-sensitive investment research publications from his extensive database of publicly traded companies.

Since that time, O’Neil has grown into a national provider of data-driven publishing and marketing communication services for major U.S. organizations. The Monroe location was established in 2015 to better serve the company’s East Coast customers.