Securian Retirement Services Earns Top Ratings in PLANSPONSOR Survey.Business Editors
ST. PAUL St. Paul
as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26]
See : Bravery , Minn.--(BUSINESS WIRE)--Nov. 19, 2002
Securian Retirement Services, a business unit of Minnesota Life The Minnesota Life Insurance Company was founded in St. Paul, Minnesota in 1880 as a mutual insurance company. It was originally organized as a mutual because a general distrust of stockholder-owned businesses prevailed at that time and there was a shortage of people willing to buy , earned top rankings from employers surveyed conducted by PLANSPONSOR magazine in July July: see month. 2002. All Securian clients who participated in the survey said they would recommend Securian as a retirement plan provider.
"We know our clients and potential clients want the best, most cost-effective cost-effective,
n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. plan they can provide for their employees," said Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Shay shay
[Back-formation from chaise (taken as pl. )]
Noun 1. , vice president, Securian Retirement Services. "We strive to anticipate their needs by listening to clients and plan participants Plan participants
Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. as well as creating improvements without being asked."
In the PLANSPONSOR survey, Securian Retirement Services received three "top rated" rankings for internet services for sponsors, account rep expertise, and loan and withdrawal turnaround Turnaround
A situation where a company that has had poor performance for an extended period of time experiences a positive reversal.
A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. and six "commended" rankings in participant education, internet services for participants, range of investment options, sponsor reporting, compliance, and responsiveness. Securian also was ranked second in the micro category (plans with up to $5 million in assets).
In response to a survey question, one employer said, "this is my third provider since I have been at the company, and they will be my last." Another, citing responsiveness to employer needs, said, "They have been more than patient and informative to me and my staff."
Securian has instituted a number of programs and services to make retirement plan management easier for plan sponsors and participants:
-- revised plan statements with colorful, readable graphics that give plan sponsors and participants the information they need and want in a format that is easy to decipher; -- expanded its due diligence program that helps employers fulfill their fiduciary responsibilities for monitoring the investment options offered in their qualified retirement plans. -- boosted the number of investment options to 56; -- created ExpressPlan, which simplifies the process of setting up and operating a 401(k) plan while providing a high-quality employee benefit; -- added DataGather, a program developed by Securian to make plan data transferal quicker and easier, enabling faster investment of participant dollars. -- created one of the first self-service sites for participants and sponsors of defined benefit pension plans; and -- created securianresource.com, a site for benefits brokers that helps them design proposals, tailor plans to specific client needs, and keep current on industry developments.
"Our goal is to provide our clients and their employers with everything they need to take full advantage of all the benefits of a pension plan," said Shay. "If we make it easy for them to use their plans, they will make tremendous financial gains."
Securian Retirement Services is a unit of Minnesota Life Insurance Company, St. Paul, Minnesota Minnesota, state, United States
Minnesota (mĭn'ĭsō`tə), upper midwestern state of the United States. It is bordered by Lake Superior and Wisconsin (E), Iowa (S), South Dakota and North Dakota (W), and the Canadian provinces . Securian manages more than $5.5 billion in assets for 2,700 pension plans and nearly 200,000 participants nationwide. Securian Retirement Services consistently receives superior service ratings in independent surveys of plan sponsors and was one of the first retirement plan providers to offer transactional services on line at www.accuserveonline.com.
NOTE: A photo of Bruce Shay is available electronically as a 300 dpi TIF TIF Tagged Image File (file name extension)
TIF Tax Increment Financing
TIF Temporary Internet Files
TIF Transport Innovation Fund (UK)
TIF Telecommunications Infrastructure Fund document; request it by contacting firstname.lastname@example.org, 651-665-7558.