A 403(b)(7) custodial account program provides mutual fund investment options to 403(b) plan participants. AXA Advisors, LLC, makes available a 403(b)(7) group custodial account program through PlanConnect, LLC. PlanConnect, LLC, (PlanConnect) provides recordkeeping and administration services for the 403(b)(7) group custodial account program. Matrix Financial Solutions, Inc., (Matrix) provides custodial services for the program and processes trades in the mutual funds selected by plan participants. Employer must select this program for plan participants and once established, employees will be able to enroll online or via paper. For anyone interested in this program, please contact your local AXA Advisors LLC Financial Professional.
