AMF Bowling Selects Great-West Retirement to Manage 401k Plan
GREENWOOD VILLAGE, CO, October 22, 2007 -- AMF Bowling Worldwide, Inc. (AMF) has selected Great-West Retirement Services to manage its 401k plan. AMF, based in Richmond, VA, is the world's largest owner and operator of bowling centers, with more than 350 centers in the United States. Over 20 million bowling enthusiasts a year make AMF their destination, bowling more than 100 million games.
According to Tony Ponsiglione, vice president of Human Resources for AMF, "The combination of advanced recordkeeping, wide range of diversified investment options, and excellent participant communication and account support, was the key factor in our decision to select Great-West Retirement Services."
Chris Cumming, senior vice president of Great-West Retirement Services, said, "We are excited about having the opportunity to help AMF serve the retirement savings needs of its 5,000 participants across the country."
About Great-West Retirement Services
Great-West Retirement Services, a business unit of Great-West Life & Annuity Insurance Company, is the fourth-largest retirement plan record keeper in the United States, based on total participants, according to a ranking by Spectrem Group in January 2007. In all, Great-West Retirement Services provides 401k, 401(a), 403(b) and 457 retirement plan services to 21,000 plans representing approximately 3.5 million participants and $104 billion in assets at Dec. 31, 2006.
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