MI Hospital System Selects MetLife as 403(b) Provider

May 6, 2011 (PLANSPONSOR.com) - MetLife Resources (MLR) has been selected as the 403(b) defined contribution plan service provider for the Mercy Memorial Hospital System in Monroe, Michigan.

A press release said that by engaging MetLife Resouces, Mercy Memorial Hospital System has access to a full range of MetLife services, including personalized support from MetLife’s financial service representatives who are available on-site at the workplace, an integrated communications platform, and an open architecture of investment options.  

“As the 403(b) market becomes more competitive, employers are beginning to recognize the value of investment education at the workplace as a value-added benefit for employees,” said Thomas G. Hogan, Jr., senior vice president and head of MetLife Resources, in the announcement. “MetLife offers a nationwide network of financial service representatives who can help employees prepare for a better life in retirement.”  

“Our focus is helping employees plan for a secure retirement. MetLife’s leadership in the retirement marketplace, attention to customer service and its proven track record within the workplace benefits market helps us achieve this goal, while also enabling us to attract and retain top talent,” said Maureen Henson, Vice President of  Human Resources at Mercy Memorial Hospital.