About Income+Income+ is a feature of Financial Engines’ managed account program introduced in January 2011, designed to balance safety and growth in the years leading up to retirement. It provides steady monthly payouts from a 401(k) account, which can last for life with the optional purchase of an out-of-plan annuity. The Income+ feature is available to participants in Financial Engines’ managed accounts program at no additional cost. Income+ does not require employers to add an annuity or change the fund line-up in their plan. As part of a managed account, Income+ gives employees control of their money, which stays in their 401(k) account and doesn’t lock them into a particular investment or insurance product. Employees can start payouts, stop payouts, take additional withdrawals or cancel at any time without penalty, giving them full access to their 401(k) savings as needed. “We are excited to have another large 401(k) provider go live with Income+, making the valuable retirement income service available to more participants nationwide,” said Larry Raffone, executive vice president at Financial Engines. “We are committed to working with our recordkeeping partners to integrate our services into their participant experiences, which will translate into more participants getting the retirement help they so urgently need.” About Mercer Mercer is a global leader in human resource consulting, outsourcing and investment services. Mercer works with clients to solve their most complex benefit and human capital issues by designing, implementing and administering health, retirement and other benefit programs. Mercer’s investment services include investment consulting, implemented consulting and multi-manager investment management. Mercer’s 20,000 employees are based in more than 40 countries. The company is a wholly owned subsidiary of Marsh & McLennan Companies, Inc., which lists its stock (ticker symbol: MMC) on the New York and Chicago stock exchanges. For more information, visit www.mercer.com. Mercer LLC is not affiliated with Financial Engines Advisors L.L.C. and does not provide investment advice.
About Financial EnginesFinancial Engines is the largest independent investment advisor, committed to providing everyone the trusted retirement help they deserve. The company helps investors with their total retirement picture by offering personalized retirement plans for saving, investment, and retirement income. To meet the needs of different investors, Financial Engines offers both Online Advice and Professional Management. Co-founded in 1996 by Nobel Prize-winning economist Bill Sharpe, Financial Engines works with America's leading employers and retirement plan providers to make retirement help available to millions of American workers. Financial Engines Advisors L.L.C. is a subsidiary of Financial Engines, Inc. (NASDAQ: FNGN). For more information, please visit www.financialengines.com. Forward-Looking Statements The statements in this release are not guarantees of future performance or plans. Please see our SEC filings for more detailed discussions of the risks that could impact our future operating results and financial condition. We undertake no obligation to update the statements in this release to reflect events, circumstances or changes that might arise after the issuance of this release. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50049109&lang=en