Five plan sponsors were honored with Prudential Retirement’s ‘Day One
Retirement Innovator Award.’ The award recognizes plan sponsors who have
demonstrated and implemented new ways of thinking that led to improved
outcomes, and resulted in plan participants who have successfully
reached Day One of retirement. The winners were presented with the award
at Prudential’s 2014 East Client Conference, recently held in Orlando,
FL. Prudential Retirement is a business unit of Prudential Financial,
Inc. (NYSE: PRU).
The winners, selected by Prudential Retirement, represent plan sponsor
clients from various disciplines, including healthcare, technology,
non-profit, construction and state government.
“This year’s winners represent diverse industries—but have one thing in
common—an unwavering commitment to transforming U.S. retirement,” said
Sean McLaughlin, vice president, Client Relations & Business
Development, Total Retirement Solutions at Prudential Retirement. “All
have implemented innovative strategies that have increased participant
enrollment, deferral rates and account balances. We’re excited to
continue partnering with these clients to help them accomplish their
goal of improving retirement readiness through employee engagement and
plan design optimization.”
The winners of the ‘Day One Retirement Innovator Award’ include the
following plan sponsors:
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Buffalo Medical Group, P.C. (BMG), a multispecialty
medical group with primary care and specialty care divisions offering
services in the Buffalo Niagara Region. Bob Fahey of The Fahey Group
is the financial advisor.
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Global Imaging Systems, a leading provider of business
technology solutions. Jeff Petrone of SageView Advisory Group is the
financial advisor.
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Greenville Health System (GHS), a public, non-profit academic
healthcare delivery system that provides clinical care, education and
research. Anne Comer from Presidium Advisers is the financial advisor.
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Lennar Corporation, one of the nation's largest builders of
quality homes, also provides mortgage financing, title insurance and
closing services, invests and manages third-party capital and is a
developer of high-quality multifamily rental properties.
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The State of North Carolina, with over 250,000 participants, is
dedicated to serving the citizens of North Carolina through public
service. Mercer Investment Consulting is the financial advisor.
Prudential Retirement delivers retirement plan solutions for public, private,
and non-profit organizations. Services include state-of-the-art record
keeping, administrative services, investment management, comprehensive
employee investment education and communications, and trustee services.
With over 85 years of retirement experience, Prudential Retirement helps
meet the needs of over 4.0 million participants and annuitants.
Prudential Retirement has $327.8 billion in retirement account values as
of March 31, 2014. Retirement products and services are provided by
Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford,
CT, or its affiliates.
Prudential Financial, Inc. (NYSE:PRU), a financial services leader with
more than $1.1 trillion of assets under management as of March 31, 2014,
has operations in the United States, Asia, Europe, and Latin America.
Prudential’s diverse and talented employees are committed to helping
individual and institutional customers grow and protect their wealth
through a variety of products and services, including life insurance,
annuities, retirement-related services, mutual funds and investment
management. In the U.S., Prudential’s iconic Rock symbol has stood for
strength, stability, expertise and innovation for more than a century.
For more information, please visit www.news.prudential.com.
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Copyright Business Wire 2014