Products September 30, 2011
Diversified Wins Plan Sponsor Clients in Healthcare Market
September 30, 2011 (PLANSPONSOR.com) – Diversified Investment Advisors has announced three new retirement plan sponsor clients from the healthcare market.
Reported by
Rebecca Moore
Diversified will provide services for 403(b) and 457 (b) retirement plans of Baptist Health of Montgomery (Alabama) totaling $67 million, with 4,459 plan participants. Diversified provides services for a 403(b) retirement plan totaling $44 million, with 1,222 plan participants at Union Hospital in Pittsburgh, Pennsylvania.
In addition, Diversified will provide services for a 401(k) retirement plan sponsored by Suffolk Anesthesiology in Smithtown, New York, totaling $15 million, with 42 plan participants.You Might Also Like:
Equitable, Corebridge Name Steve Scanlon, Bryan Pinsky to Run Combined Retirement Divisions
The merger is expected to be completed by the end of the year.
Nonprofit Coalition Lobbies for CITs’ Inclusion in 403(b)s
The group is calling for the SEC to restore ‘fairness and dignity in retirement savings.’
How Can Employers Operating in Multiple States Ensure Compliance with State Mandates?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.