“With demonstrable results, each of these plan sponsors has distinguished itself by making a consistent and thoughtful commitment to its workers and their retirement security,” said Nevin E. Adams, Editor-in-Chief of PLANSPONSOR magazine.
This year’s Plan Sponsors of the Year are:
Corporate sector: NV Energy, Inc.–Las Vegas, Nevada
Nonprofit/403(b): Legacy Health Systems—Portland, Oregon
Public Sector/DB: Texas Municipal Retirement System
Public sector/457: Ohio Public Employees Deferred Compensation Program
The Plan Sponsors of the Year will be recognized at PLANSPONSOR’s annual Awards for Excellence dinner in New York City on March 25, and also will be featured in the March issue of PLANSPONSOR magazine. In addition to recognizing best-in-class standouts in a variety of categories, on that night, PLANSPONSOR also will announce the winners of its annual Retirement Plan Adviser and Retirement Plan Adviser Team of the Year awards.
Each year, the editors of PLANSPONSOR magazine, the nation’s leading information resource on workplace retirement plans, honors those employers that demonstrate leadership in providing a more secure retirement for workers. Strong investment performance, rigorous corporate governance, and an enduring commitment to participant education are the hallmarks of distinction of PLANSPONSOR’s Plan Sponsor of the Year awards.
Last year’s winners included Nationwide Mutual Insurance Company, WellSpan Health, the West Virginia Teachers’ Retirement System, and the City of Los Angeles.
Previous recipients have included M. A. Mortenson Company; the YMCA Retirement Fund; the Missouri State Employees’ Retirement System; the State of Hawaii; Oregon Public Employees’ Retirement System; American Airlines; IBM; the United Methodist Church; Gary Amelio, Executive Director of the Federal Retirement Thrift Investment Board; David Bronner, Head of the Retirement Systems of Alabama; the FDNY Pension Fund; and General Motors Asset Management’s Allen Reed.