The school districts are located in Wayne and Washtenaw Counties.
As a single provider, The Standard says it is able to obtain lower fund management costs by leveraging the total assets under management from all 15 school districts. In addition, the company will credit all service fees received from the fund companies back to the plan.
Last year The Standard was selected by groups in Nebraska to be the sole provider for a statewide plan which can be chosen by its 285 independent school districts (see Standard Gets Nebraska 403(b) Nod ).
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