Press Release
Accurate Electric Chooses U.S. Bank To Provide 401k Retirement Plan
COLUMBUS, OH, September 24, 2002 -- Columbus-based Accurate Electric Construction, Inc. has selected U.S. Bank's Retirement Solution 401k product to assist the company with its 401k plan.
U.S. Bank Retirement Solution is a fully bundled daily defined contribution retirement plan product that offers flexibility and customization, funds for every style of investor, and technological advancements while easing the administrative burden.
Founded in 1983, Accurate Electric Construction is recognized as a leading contractor in the Columbus area. With more than 250 employees, the company constructs electrical systems for residential, commercial, and industrial projects and is licensed to do electrical and fire alarm work in Ohio. Accurate Electric Construction electricians are skilled in the wiring of dimming systems, theatrical lighting, and sports and field lighting. In addition to building electrical systems, the company also wires computer, fire alarm security and sound systems, as well as telecommunication and data networks.
"U.S. Bank's Retirement Solution 401k offers our company and employees a comprehensive retirement program. We are confident in U.S. Bank's ability to provide the services and technical expertise we need for our group both now and as we continue to grow in the future," said Chris James, controller, Accurate Electric Construction, Inc.
"We are pleased to be doing business with outstanding companies like Accurate Electric Construction," said Diane Thormodsgard, president of U.S. Bank Institutional Trust & Custody. "We're proud of the range of products and services we're able to provide to our clients."
"Accurate Electric performed an extensive review of their 401k plan. We are honored that they felt our program best meets the needs of the company and its employees," said Dan Armbruster, business development officer, U.S. Bank Institutional Trust & Custody.
U.S. Bank Institutional Trust & Custody is a division of U.S. Bank National Association that focuses on retirement, investment and custody services to institutional clients. Its product offerings include retirement plans [401k, profit sharing or money purchase pension plans], institutional custody and master trust services.
U.S. Bancorp, with assets in excess of $173 billion, is the 8th largest financial services holding company in the United States. The company operates 2,131 banking offices and 4,818 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is home of the Five Star Service Guarantee which assures customers of certain key banking benefits and services or customers will be paid for their inconvenience. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at usbank.com.
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