Catawba Valley Medical Center (CVMC) has been with VALIC since 1997 and has nearly 3,000 plan participants. High Point Regional Health System has been with VALIC for nearly 15 years and has 1,175 plan participants. CarolinaEAST Health System (formerly Craven Regional Medical Center) which has 690 plan participants, first selected VALIC in 1999.
According to a press release, the groups’ plan participants will have access to VALIC’s open-architecture mutual fund platform that utilizes thousands of non-proprietary investment choices from over 100 fund families. VALIC will continue to provide access to professional financial advisers who serve participants on-site and assist employees with a wide range of retirement and financial planning issues.Plan participants will also have access to a complete suite of Internet support services and financial planning tools, including VALIC’s Guided Portfolio Services (GPS). GPS is a fee-based account management service with objective advice from independent financial expert Ibbotson Associates, Inc. on how much to save, which investments to choose, and how much to invest in each.