System and method for implementation and administration of an employer-sponsored retirement plan

A computer-implemented method for implementation and administration of an employer-sponsored retirement plan, the method comprising:

• providing a data matrix array having a plurality of data input fields demarcated into a plurality of independent data receiving sources including a plurality of a series of business-identifying data each identified by a unique business employer identification number, the data matrix array stored on a memory resident on an administrator server;
• collecting, by a user, through the data matrix array, retirement plan-related data from multiple sources;
• initiating, through a computing processor, a computer-implemented plan analyzing session on an administrator server, the computer-implemented plan analyzing session including sub-routines of:
• determining if the collected data is pertinent for a retirement plan;
• if the data is pertinent, analyzing the collected data with a data analyzer;
• and
• processing the analyzed data in a categorical analyzer;
• providing, by a notification manager, a notification of updates to the categorically analyzed data, the notification determined by at least one condition;
• requesting by the user, the categorically analyzed data;
• determining whether to proceed with the retirement plan, based at least partially on the categorically analyzed data;
• if proceeding with the retirement plan, drafting, by the user, a retirement request for proposal based at least partially on the categorically analyzed data;
• bidding, by at least one service provider, for the retirement plan;
• ascertaining a recommended retirement plan utilizing:
• the plurality of data input fields from the plurality of independent data receiving sources, including one of the plurality of the series of business-identifying data based on the unique business employer identified number corresponding to the submitting entity unique business employer identification number and the data, sequentially received from a plurality of independent and separate web portal Internet access points;
• and
• the employer data and employee data;
• digitally providing the user through a digital user interface the recommended retirement plan having a pricing model that is automatically and selectively user-adjustable though receipt of a secondary request for a secondary retirement plan analyzing session over a network into the memory resident on the administrator server;
• and
• monitoring the selected retirement plan based on internal data provided by the service provider, or the user, or both.