Products December 30, 2011
MassMutual Chosen by United Cerebral Palsy of New York
December 30, 2011 (PLANSPONSOR.com) - MassMutual's Retirement Services Division has been selected by United Cerebral Palsy of New York City, Inc. (UCP of NYC) as the new provider for the company's 403(b), 401(k), and defined benefit retirement plans.
Reported by Rebecca Moore
The combined assets added to MassMutual’s platform from UCP of NYC’s retirement plans total $42 million.
“MassMutual’s ability to support UCP of NYC’s 403(b), 401(k), and defined benefit retirement plans from a fully automated services platform made them a clear choice,” said Edward Matthews, chief executive officer of UCP of NYC.
“In addition to strong total retirement services capabilities, UCP of NYC was also looking for a recordkeeper that could provide high quality communication and education programs for the multi-location organization,” said Mark Spivack of The Weiss Group, who assisted UCP of NYC with the search for a new retirement plan provider.