(T) BUSINESS INSURANCE DIRECTORY OF 401(K) PLAN ADMINISTRATORS.(Directory)

Towers Perrin

1500 Market St.,

Philadelphia, Pa. 19102

215-246-6000; fax: 215-246-4189

www.towers.com

Staff:

Total 8,152

Clients:

Total 86

Receiving unbundled services 86

Average participants/plan 11,000

Minimum participants/plan 2,000

1998 revenues:

Total $1,160,000,000

401(k) plan administration $219,000,000

Services began: 1981.

Software: written and maintained in-house, accommodates 30 investment funds and 30 types of contributions.

Administration: cash, unit-value, full-share accounting; …