Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products December 14, 2010
NC Hospital Chooses VALIC as 403(b) Provider
December 14, 2010 (PLANSPONSOR.com) – VALIC has been selected as the exclusive 403(b) plan provider by Betsy Johnson Regional Hospital for its more than 800 plan participants.
Reported by PLANSPONSOR staff
According to a VALIC press release, it was selected for its open-architecture mutual fund platform that utilizes thousands of non-proprietary investment choices from over 100 fund families. VALIC will provide on-site service from professional financial advisers who will work with plan participants on a wide range of retirement and financial planning issues.
Plan participants will also have access to a suite of Internet support services, including the ability to aggregate information about all potential sources of retirement income into a single location, the announcement said.
Betsy Johnson Regional Hospital is a private, full-service, not-for-profit hospital in Dunn, North Carolina, incorporated into the Harnett Health System.You Might Also Like:
SECURE 2.0: What’s Not to Like? Nothing, Apparently.
It is becoming harder and harder to find a party who offers anything other than support for SECURE 2.0.
403(b) Plans May Apply for IRS Determination Letters Starting Next June
The IRS will provide determination and termination letters to 403(b) plans beginning next June.
Wilmington Trust Launches CIT Onboarding Tool
The tool for employer-sponsored plans seeks ‘democratization’ of the use of collective investment trusts.