NC Hospital Chooses VALIC as 403(b) Provider

December 14, 2010 ( – VALIC has been selected as the exclusive 403(b) plan provider by Betsy Johnson Regional Hospital for its more than 800 plan participants.

According to a VALIC press release, it was selected for its open-architecture mutual fund platform that utilizes thousands of non-proprietary investment choices from over 100 fund families. VALIC will provide on-site service from professional financial advisers who will work with plan participants on a wide range of retirement and financial planning issues.   

Plan participants will also have access to a suite of Internet support services, including the ability to aggregate information about all potential sources of retirement income into a single location, the announcement said.   

Betsy Johnson Regional Hospital is a private, full-service, not-for-profit hospital in Dunn, North Carolina, incorporated into the Harnett Health System.