The Standard to Provide 403(b) Program for Large
Church Organization
June 13, 2008 (PLANSPONSOR.com) - Cooperative
Baptist Fellowship, working in partnership with the Church
Benefits Board (CBB) and Retirement Wealth Management LLC,
announced it has selected The Standard to be the provider of
its $20 million 403(b) plan.
According to the announcement, The Standard,
working with Retirement Wealth Management, LLC, is
developing a customized participant investment program
for the Fellowship's more than 250 ministries.
Participants will have five model portfolios ranging from
conservative to aggressive.
Joseph Derickson, President and CEO of Retirement Wealth
Management, LLC in Atlanta, Georgia, is the Fellowship's
consultant and recommended The Standard.
"The Standard's open architecture of institutional
fund offerings, business processes and their overall
ranking in various third-party client satisfaction
surveys were keys to our decision," said Gary Skeen,
President of the CBB, in the announcement.
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Rebecca Moore
editors@plansponsor.com