Total combined assets added to MassMutual’s platform from McLaren’s retirement plans exceed $212 million, according to a MassMutual press release. McLaren Health Care Corporation, based in Flint, Michigan, includes eight regional hospitals, over 150 outpatient and ambulatory services locations and more than 13,000 employees.
“MassMutual’s total retirement services capabilities and innovative employee education tools were key factors in their selection as our new retirement plan provider,” said Susan Joiner, corporate manager, retirement services, McLaren Health Care Corporation, in the announcement. “We needed a provider that understands the unique needs of a large health care organization — one that could help streamline and consolidate multiple plans and deliver an exceptional employee education experience.”