PSCA Announces the 2010 Signature Award Winners
CHICAGO, IL, September 29, 2010 -- The Profit Sharing/401k Council of America (PSCA) announced the winners of the 2010 Signature Awards competition at PSCA's 63rd Annual National Profit Sharing and 401k Conference and Exhibition on September 22, 2010 in Amelia Island, Florida. PSCA Signature Awards honor excellence in profit sharing and 401k plan communication and education.
This year, 47 of 188 entries were awarded recognition in 18 categories. "So many entries in these challenging times is another demonstration that employers remain dedicated to the success of their defined contribution retirement plans," said PSCA President David Wray. "Instead of cutting back, plan sponsors continue to implement innovative communication and education programs that make a difference for their employees," he said.
Due to the recent changing landscape of the employer-sponsored defined contribution industry, PSCA has an opportunity to expand its purpose and relevancy to its members. This year, in order to keep the Signature Awards relevant and in line with industry trends, PSCA has evolved the Signature Awards categories. Categories that had shared goals were combined, and new categories, such as Explaining Plan and Investment Fees, were developed to showcase emerging participant needs and new strategies.
PSCA also received immense support from its member volunteers. A distinguished judging panel of business leaders and employee benefit communication experts chose the 2010 winners based on how companies design, manage, and provide profit sharing and 401k plan communication and investment education to plan participants. Signature Awards judges carefully review how effective the campaign was at achieving its goals. PSCA's generous volunteer base contributes significantly to the continued success of the Signature Awards program.
PSCA Signature Awards also provide companies a valuable learning opportunity through the annual Signature Awards Magazine. Winners are listed in the magazine along with an article that describes the details of the companies' campaigns and their specific results. Other member companies receive this magazine and can apply the winning techniques to their own defined contribution plans. Attendants of the National Conference, as well as PSCA members, received a copy of the Signature Awards Magazine.
About the Profit Sharing/401k Council of America
The Profit Sharing/401k Council of America (PSCA), a national non-profit association of 1,200 companies and their six million employees, advocates increased retirement security through profit sharing, 401k, and related defined contribution programs to federal policymakers and makes practical assistance with profit sharing and 401k plan design, administration, investment, compliance, and communication available to its members. PSCA, established in 1947, is based on the principle that "defined contribution partnership in the workplace fits today's reality." PSCA's services are tailored to meet the needs of both large and small companies with members ranging in size from Fortune 100 firms to small, entrepreneurial businesses.
The following is a complete list of the 2010 Signature Award winners:
Advice Campaigns
Silver: Realogy Corporation
Sponsored by: Bank of America Merrill Lynch
Asset Allocation
Gold: The Goodyear Tire & Rubber Company
Sponsored by: J.P. Morgan Retirement Plan Services
Silver: Iron Workers of Western Pennsylvania
Sponsored by: Wells Fargo Institutional Retirement and Trust
Bronze: UA Local No. 614
Sponsored by: MassMutual Financial Group
Education Programs
Gold: TIAA-CREF
Silver: The Principal Financial Group
Bronze: MassMutual Financial Group
Bronze: Wells Fargo Institutional Retirement and Trust
Explaining Plan and Investment Fees
Gold: State of North Carolina
Sponsored by: Prudential Retirement
Silver: Nestle, USA
Sponsored by: ING U.S. Retirement Services
Fiduciary Resources
Gold: Putnam Investments
Silver: MassMutual Financial Group
Bronze: MassMutual Financial Group
Increasing Plan Participation and Savings Rates
Gold: Safeway
Sponsored by: J.P. Morgan Retirement Plan Services
Silver: Taylor Corporation
Sponsored by: J.P. Morgan Retirement Plan Services
Bronze: Citrus Valley Health Partners
Sponsored by: Prudential Retirement
Bronze: Ingalls Health System
Sponsored by: MassMutual Financial Group
Honorable Mention: Parsons Corporation
Sponsored by: Wells Fargo Institutional Retirement and Trust
Language and Cultural Diversity
Silver: Rice University
Sponsored by: TIAA-CREF
Bronze: Sodexo, Inc.
Sponsored by: ING U.S. Retirement Services
New Media
Gold: The Principal Financial Group
Silver: Bravo Health, Inc.
Sponsored by: MassMutual Financial Group
Bronze: M.A. Mortenson Company
Sponsored by: goBIG Strategic Communications
Onsite Events and Workshops
Gold: Archdiocese of Chicago
Sponsored by: MassMutual Financial Group
Silver: University of California
Sponsored by: Fidelity Investments
Bronze: Bravo Health, Inc.
Sponsored by: MassMutual Financial Group
Plan Administration Communications
Gold: Putnam Investments
Silver: ING U.S. Retirement Services
Bronze: MassMutual Financial Group
Plan Conversion
Gold: Eddie Bauer
Sponsored by: American United Life Insurance Company (AUL), a OneAmerica financial partner and Lockton Investment Advisors
Silver: Republic National Distributing Company
Sponsored by: J.P. Morgan Retirement Plan Services
Bronze: Hallmark Cards, Inc.
Sponsored by: J.P. Morgan Retirement Plan Services
Plan Design Changes
Gold: Intermountain Healthcare
Sponsored by: T. Rowe Price
Silver: HAVI Group, LP
Sponsored by: Wells Fargo Institutional Retirement and Trust
Bronze: Hospira, Inc.
Sponsored by: J.P. Morgan Retirement Plan Services
Preparation for Retirement
Gold: Robert W. Baird & Co. Incorporated
Silver: Archdiocese of Chicago
Sponsored by: MassMutual Financial Group
Retirement Readiness
Gold: Raymond James Financial
Sponsored by: The Principal Financial Group
Silver: Forest Laboratories, Inc.
Sponsored by: J.P. Morgan Retirement Plan Services
Bronze: Bravo Health, Inc.
Sponsored by: MassMutual Financial Group
Singular Campaign
Gold: MassMutual Financial Group
Silver: Lincoln Financial Group
Bronze: ICMA-RC
Train-the-Trainer
Honorable Mention: Gensler
Sponsored by: New York Life Retirement Plan Services
401k Day
Gold: Advantage Sales and Marketing
Sponsored by: The Principal Financial Group
Silver: Logica North America
Sponsored by: Transamerica Retirement Services
Bronze: State of New Jersey
Sponsored by: Prudential Retirement
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