What is an Open Architecture 401(k)

Many 401(k) providers use terms such as “open architecture 401(k)” and “fee disclosure” in their marketing efforts, but what do those terms really mean? Instead of limiting a plan to a specific list of funds, a true open architecture 401(k) format allows plans to select investments from hundreds of mutual fund families and exchange traded funds (ETFs) without impacting the provider’s fees to the plan. This design allows plan sponsors and plan designated investment advisors to fully customize their fund lineups based on the needs of their participants.

Fee disclosure, also known as “fee transparency” occurs when the 401(k) provider ensures that the plan sponsor and plan designated investment advisor can see exactly what they are paying for within the plan. With “full fee transparency,” all fees (, 12(b)1 fees, sub-transfer agency fees etc.), in addition to provider fees, are fully disclosed and explained to the plan sponsor and the plan designated investment advisor.

Full fee transparency is important because while many 401(k) plan providers allow plans to customize their fund lineups, some providers alter the fees they charge based on the funds chosen for a particular retirement plan or reduce the amount of revenue sharing passed through to the plan. (Revenue sharing can be defined as fees paid by the mutual fund companies to service providers for performing recordkeeping services and/or sub-transfer agency services to retirement plans.) These incidentals greatly influence the bottom line of a participant or plan balance. Examples of these fees or limitations include:

*Charging additional fees if the plan chooses funds that that are outside of the 401(k) provider’s standard group of funds.

*Varying fees charged to the plan based on revenue-sharing arrangements between the 401(k) provider, third party administrator and fund families.

*Limiting the selection of investments to a list of funds that pay the provider a certain amount of revenue share

*Requiring that plans include a specific number funds that are sponsored by the provider

As a fiduciary, plan sponsors or the plan designated investment advisor must act solely in the interest of the participants with the purpose of providing benefit to them. Therefore, it is important that the plan sponsor and the plan designated investment advisor understand all of the fees charged to the plan and its participants.

In the past, providers had the option to wrap these fees in with plan costs, making the fees difficult to find or understand. In January 2012, the Department of Labor will implement Rule 408(b)(2) which requires that covered 401(k) providers fully disclose all fees to plans.

At the same time, the DOL will implement a participant disclosure rule requiring covered plans to disclose all investment related fee information to its participants. These regulations will help both the plan and its participants become fully aware of what they are paying in their retirement plans.

A true open architecture 401(k) format will allow the plan to select from nearly all registered mutual funds or ETFs without seeing their plan fees adjusted.

What Is The Home Improvement Loans And How You Can Get These Types Of Loans

If you are an owner of a house, it probably requires frequent repairing, replacement and modifications that usually require a considerable amount of money. The home improvement loans provides you all the solutions related to the home improvement, you can do everything from worn out carpet to remodeling the entire design of your house by using the home improvement loans. So today peoples are willingly taking these loans for renovations of their homes. As it is obvious, the remodeling and modification of the home increases the property value so these loans are only issued to the home owners for specific purposes. The type of modification that usually peoples do with the home improvement loans are repairs, pool installation, room additions and other renovation projects.

These type of loans are unsecured loans that means there is no collateral involved, these loans re typically designed to pay with in short duration of time. However some of the home owners also consider the home equity loans to do the home improvement. The most attractive thing for the home owner is that the equity is not essential things to get the home improvement loans. As compared to the equity loans these types of the loans require minimum time to process and are readily available to the home owners. Additionally there is flexibility in the interest rate and it also depends upon the duration of the loan that you acquired from the lending agency.

The benefits also include the low monthly payment and it requires almost 3 to 5 years long duration of payment. Some considerations are also there because when you apply for the home improvement loans UK, typically peoples didnt consider the tax deduction on their loans that usually increases the amount of the loan.

The approval procedure of the grant for home improvement is typically easy and simple; here are some instructions that will lead you to avail these types of loans. Figure out what kind of work or improvement you need in your home and also consider either the contractor provide you the authority to make an improvement in to your home or not. Determine total amount that is required on the remodeling of your home. After that you are required to gather all your documentation proof and other things that are required for the home improvement loans. Generally the credit history, employment proofs and any other supplementary proofs are required to apply on these types of loans. Review about the interest rate and the repayment terms of the lender, it is always better to think your primary bank if they are providing such kind of loans. Always chose the reliable lender in order to get the authentic loans terms and conditions.

The Architecture And Configuration Of J2me Application Development

J2ME or also know as Java ME is a platform that is specifically designed for application development to run on mobile phones, PDAs and other embedded systems. J2ME development features an adaptable user interface, which integrates with network protocols and extends support for mobile application development. The mobile applications that are developed on J2ME can be also migrated across various different mobile devices. J2ME application developers create a variety of different mobile applications based on the customized requirements of the clients. They are experience in creating diverse mobile solutions and hence most clients prefer to outsource their mobile business applications to India.

J2ME Architecture and configuration
J2ME comprises of configurations and profiles that allow a developer to customize it for the Java Runtime Environment (JRE). The configuration defines the JVM used and the profile adds domain-specific classes to define the application.

Configurations: The configuration uses a set of core classes and a specific JVM to define the basic run-time environment. The configurations are of two types where one is called CLDC for handheld devices and the second one is CDC for plug-in devices. CLDC is has been developed for 16-bit or 32-bit small computing devices that have limited memory. CDC requires a 32-bit architecture and has at least 2 MB of memory and implements a functional JVM.

Profiles: A profile comprises of classes that allow J2ME application developers to execute features that are typically available on a group of small computing devices. The profiles used with CLDC are mobile information device profile (MIDP) and PDA profile (PDAP). The profiles used with CDC include Foundation Profile, Game Profile, Personal Profile, Personal Basis Profile and RMI Profile.

J2ME Architecture
The J2ME architecture consists of five layers and they are as follows:

MIDP: This is the topmost layer and consists of Java APIs. J2ME application developers use these APIs to create network connections, storage, and user interface. It also provides access to CLDC libraries and MIDP libraries.
J2ME APIs: This is the profile that comprises of a minimum set of application programming interfaces required for the small computing devices.
Configurations: This is responsible to manage the interactions between the JVM and the profile.
JVM
Operating System: This is the bottom layer.

Qualitytips For Do It Yourself Home Improvement

Regardless of whether you just want visual improvements to your surroundings, or you want to boost the value of your investment, home improvement projects are great for just about everyone. Consider the tips in this article before you begin your next home improvement.

It’s important that you are having fun in any home improvement job you choose. While you do need to take the work seriously, it should still be fun. You may mess up if you aren’t enjoying yourself. Consider hiring a professional if you feel that this is happening to you.

Designate ample space for trash and debris when planning out your renovation project. Demolition can make quite a mess, and you will need a space for it. By planning a spot to put this debris, you won’t end up with piles getting in your way.

Vacuum cabinets before cleaning them. The loose dirt will be easier to remove. Use soap and water to scrub your shelves and cabinets clean. Start at the highest point and move down as you clean. If there are liners present, this would be a great time to replace those and also repair anything that needs repairing, such as sagging shelves.

Reputable contractors do not expect all of the money to be paid upfront before the job starts. $2,500 is about the most you should pay up front, and not more than 10 percent when work begins. Never pay more than needed.

For a peaceful feel in any room, choose analogous colors. Analogous color schemes are right next to one another in the color wheel, a good example is red and orange, violet and blue, or green and yellow. This type of color scheme is more relaxing and is especially suited to areas like the bedroom or family room.

Watch out for local weather. If you generally have a lot of rain or inclement weather, you may need to think of outdoor projects that will help combat that. You could add a roof and wind-breaking elements to help with the issue, but they are going to cost you much more money that you may not want to invest.

Building and installing a home bar in the basement is a fun and worthwhile project. It can be a real passion project for many that like to design their own bigger projects. No matter the design or approach, adding a bar to the home can be a great improvement.

Do not let home improvement intimidate you. Home improvement is something that anyone can do. No matter if it’s something as simple as a new paint job or a whole new kitchen, it can bring comfort and value to your home. Take the advice written in this article, and go to the nearest home improvement shop to get started.

Top Home Improvement Projects

With the decline of the economy and the housing market over the last several years, many new home buyers have been forced to put their dream houses on the back burner until the market turns around. In lieu of a new home purchase, many current home owners are choosing to make renovations on their existing dwellings. This will not only bring a fresh environment for owners to occupy, but increase their resale value when the time comes. While there are a number of ways to make improvements, not all will bring a solid return on the investment. Let’s take a look at some remodeling projects that provide the best bang for the buck.

Arguably the most popular home improvement is the kitchen remodel. A kitchen redesign can offer one of the greatest returns on investment. Granite countertops are one of the most requested upgrades for new home builds and can be a great place to start. Updating cabinets are another good option. If replacing cabinets is not in your budget, consider painting or staining your existing units. Stainless steel appliances continue to be in high demand for buyers as well.

Bathrooms are another area of the home that can significantly raise value when upgraded. Like kitchens, bathroom countertops can be a good place to start. Alternatively replacing sink and cabinets with a vanity can be a stylish way to go. Wall and flooring treatments can really improve your space as well. Adding tile to floors, walls, or backsplash can really enhance the bathroom’s appearance.

Throughout the home, replacing or upgrading flooring treatments can offer a great value. Hardwood floors continue to be an attractive option to buyers. Replacing old carpeting can be a wise move as well. If purchasing new carpet is not an option, you should consider a shampoo or steam cleaning instead. Ceramic or stone tiles can greatly enhance flooring in entry ways, kitchens, bathrooms, and hallways.

Treating your walls to a fresh coat of paint can really go a long way. Neutral colors can offer the widest appeal to prospective buyers when you go to sell your home. You might also want to take into consideration the contrast between fixtures and furniture when choosing wall colors also.

As energy costs continue to rise and the public’s awareness of the environment increases, new windows can be a smart upgrade. Adding double pane windows can help conserve energy and decrease utility costs. Using an energy efficient window treatment can definitely increase value.

Exclusive Home Improvement and Remodeling Ideas

A great home improvement would comprise of myriad of elements, out of which certain areas need special consideration and extensive planning to give your home the dream look. The basics of home design embrace colors, step by step designing of rooms, kitchen remodeling and last but not the least bathroom remodeling. While the process may seem daunting as you have so many things to consider, but trust me decoration is all about creating beautiful environment with collections, art, and furnishings.

Kitchen Remodeling

While it is the loveliest place for a woman, it is also one of the visited parts of your home. So kitchen remodeling should start with painting. Painting could hide the stains and instantly give your kitchen a brand new look. How do you think would add a spark to your kitchen if you add a cabinet or hardware in place? Try it; it works. Next, floor tiles can also offer a facelift to the kitchen. Nonetheless, new utensils, a new fruit basket, kitchen wallpaper, and glass panes can add an extra note to your kitchen. Kitchen remodeling can change the overall appearance of your place if you can match the dcor with the color of the paint.

Bathroom Remodeling

Creating a better bathroom design is not just a matter of indulgence; rather, its a smart way of living. The best way to improve the existing design is to add a second full bath to the existing one bath house, or you can modify the existing bath too. Please note, a remodeled bath can add a new dimension. Apart from painting the bathroom with your favorite color, bathroom remodeling also involve configuration, style, and size alteration. Consider if the space you have is enough to accommodate two people, or you need enough store or counter space. If you are planning for simple redecoration, your own imagination would be enough. If you want to take it to a whole new level, you might want to talk with bath design professionals. With new construction, it is easier to fit a master bath within the master bedroom or a bath near the child bed room. Remodeling a bathroom may involve relocation and fixtures with accompanying drain or vent pipes, moving windows and doors, and even occupying space from nearby bedrooms and closets. You may also need extra supply of fittings and fixtures to give the bathroom a nostalgic appearance with contemporary performance. It all depends on how you want to do it.

Whether it is kitchen remodeling, bathroom remodeling or an overall home improvement, every element that goes into it requires extensive planning and creative use of imagination, even if you are hiring an architect for it. After all, its your dream home and you and your family should be a part of the home improvement project. Whether its remodeling of the existing home, or building a new one, process for both are same.

Chennai Architecture Latest Trends

Chennai architecture depends upon the architect, the clients requirement, the latest architectural trends and the materials available to Chennais building industry. The latest architectural trends play the major role, and these trends are to an extent influenced by local developments in information technology, communication and transport facilities.

Chennais latest architectural trends are:
1. Self-sustaining townships in suburban areas
2. Green buildings
3. Large retail outlets
4. Sizeable landscaped areas

After land costs skyrocketed in urban Chennai, migration started towards suburban areas and townships started to proliferate in those places. Townships are developments with large open spaces and all basic living requirements including schools, offices, shopping complexes, theatres, hospitals and clubs.

A closer look at a typical Chennai township features reveals that:
Multistory residential complexes are developed with clusters of 5 to 10 dwelling units in each block.
Drawing on elements of modernism, these townships also contain open spaces and low-rise (single or two-storey) blocks.
No decorative elements are used and the emphasis is on functionality.
Open planning in these townships creates larger spaces as well as space into space circulation.
Inside dwelling units, other than private spaces, spaces are open and differentiated by levels, flooring and furniture styles.
Living areas lead to semi-private areas so that inhabitants do not feel they are in an enclosed structure.
Existing water bodies are upgraded to aesthetic elements by surrounding them with landscaped parks incorporating pedestrian paths.
Car parking areas are planned based on the area of dwelling units.
Green building concepts are incorporated in most buildings. Chennai has the distinction of housing the largest number of green buildings in the country.

In the recent past several malls with up to seven stories have also opened in Chennai with different styles of architecture (examples are gothic, formalism and modernism). These malls encapsulate retail stores, offices, multiplexes, restaurants, large lounges and. multilevel basement car parking.

Chennai has also an abundance of multistory IT Parks in postmodernism style, providing anywhere from 50,000 to 200,000 square feet of carpet area. Their facades are typically enhanced with aluminum composite panels and glazing, and the interiors fitted out with modular workstations, optimal lighting, filtered power, generator backup and centralized HVAC services. At the time of writing this article, a large portion of this IT space is unoccupied, since many of these buildings were constructed in the pre-recession Indian IT boom, and many fell vacant as tenants downsized or closed down.

Because of the high price of urban land, owners of single-family independent homes are currently flocking to developers to forge joint-venture projects. Hopefully the developers will thoughtfully landscape these new projects to keep Chennai the pleasantly green city it has always been.

Fuerteventura Holidays For Lovers Of Contemporary Architecture

The Spanish are well known for their passion for architectural innovation. From the time of the Moors, the country has been home to unique buildings, and today Spains cities showcase the work of architectural geniuses like Antoni Gaudi, Frank Gehri and Norman Foster. But if exploring cutting-edge architecture is your passion, you dont have to settle for a city break. Fuerteventura holidays or a beach break in Lanzarote or Tenerife can also offer the opportunity to immerse yourself in architectural gems while you soak up the sun.

Lanzarote family holidays dont seem like an obvious architecture-spotting opportunity, but thanks to the architect, artist and decorator Csar Manrique, the island is home to stunning and innovative structures that are as interactive as they are beautiful. Manriques passion for melding 20th-century design with remarkable natural features is embodied in the Jameos del Agua. Housed in an ancient tunnel created by molten lava from the Corona volcano, the centres flowing white-painted passageways offer new visual experiences at every turn. Theres a natural salt-water pool, lush tropical gardens, and a huge vaulted space that has been converted into an auditorium offering remarkable acoustics. Manrique also created the Mirador del Rio, a clifftop lookout point to the north of the island, where a balustraded cafe, shop and a viewing platform have been integrated into the natural lava formations, as well as the Farmhouse Museum, where pristine white walls, green doors and spectacular sculpture pay tribute to the islands agricultural heritage.

If youre planning family holidays to Tenerife, a visit to Santiago Calatravas Auditorio de Tenerife is a must. Classed amongst the greatest living architects in the world, Calatrava now operates internationally he is currently designing the future train station at the rebuilt World Trade Center in New York City, which is scheduled to open in 2015. The auditorium, completed in 2003, is home to the Tenerife Symphony Orchestra and is widely regarded as the finest example of modern architecture on the Canary Islands. Its both lauded and criticised for its visual similarities to the Sydney Opera House; both buildings echo their natural surroundings of waves and sails. Looming over the auditorium are the two towers that make up the Torres de Santa Cruz, a residential development comprising the tallest twin towers in Spain. Some might disapprove of their stark modernism, but the towers are considered a symbol of the city.

Fuerteventura holidays have much to offer in the way of innovative architecture from various periods. The small town of La Olivia is home to a mixture of modern and historic buildings, including the Iglesia de Nuestra Senora de la Candelaria, the Casa de los Coroneles and the Casa Mane Art Centre. But to experience memorable design from within, why not plan a stay at the spectacular Grand Hotel Atlantis Bahia Real? A tribute to Spains Moorish heritage, its opulent dcor, lush vegetation and warm tones create the perfect environment in which to wind down after a hard days sightseeing.