MassMutual Chosen as Full-Service Provider for LAMMICO Retirement Plan
SPRINGFIELD, MA, May 7, 2009 -- MassMutual's Retirement Services Division has been selected by Louisiana Medical Mutual Insurance Company (LAMMICO) as the new full-service provider for its 401(k) and profit-sharing retirement plan. LAMMICO's retirement plan serves approximately 120 employees and has more than $10 million in plan assets.
Based in Metairie, LA, LAMMICO is Louisiana's largest medical malpractice insurer and is dedicated to developing and delivering insurance products and services to Louisiana physicians and other healthcare providers. "LAMMICO seeks to provide a climate for employees that promotes the development of creative customer solutions while maintaining the highest standards of ethics and social responsibility. This philosophy extends to our retirement benefit as well, and MassMutual offered a retirement plan solution that meets the needs of our company and our employees," says Susan Senn, benefits & recruiting specialist for LAMMICO.
"We are so pleased to welcome LAMMICO to the MassMutual family of valued customers," says Elaine Sarsynski, executive vice president of MassMutual's Retirement Services Division and chairman and CEO of MassMutual International LLC. "We look forward to providing customer service excellence and results-oriented employee education to help LAMMICO and its employees achieve their retirement goals."
About MassMutual
MassMutual's Retirement Services Division has been serving retirement plans for more than 60 years. It offers a full range of products and services for corporate, union, nonprofit and governmental employers' defined benefit, defined contribution and nonqualified deferred compensation plans. It serves approximately one million participants. For more information about MassMutual's retirement services, please call your retirement plan advisor or contact MassMutual at 888.626.4911, www.massmutual.com/retire.
###
Click here for more material dealing with current trends, opinion, news, legislative action, investments, marketing, sales, consulting, and legal issues on 401k plans.
This is a press release provided by the company or its representatives. 401khelpcenter.com, LLC is not the author of this release and is not associated or affiliated with any firm or organization mentioned unless otherwise noted. Use of any information obtained from this release is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by 401khelpcenter.com, LLC.
