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https://blogs.sap.com/2022/06/30/sap-readiness-check-for-sap-successfactors-solutions-now-in-pilot-phase/
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Pro is it opens up your investment options from more mutual funds to ETFs or even individual stocks. Negative is if you go for mutual funds anyway then the options in Ira may have higher fees.
Everyone offers the rollover IRA option. The only difference are the account fees, trading fees, technology, and customer service. Schwab will explain the steps .. in almost every rollover I've done, the 401k administrator sends a check with your balance - either to you or to the new administrator. Have never seen anyone do a wire transfer or anything remotely convenient... but remember, you're taking your money away from them, so they have no incentive to be efficient. If the 401k admin offers FedEx or tracking, PAY FOR IT.