Forty-six defined contribution plan education campaigns on Monday won Eddy Awards, the annual recognition by Pensions & Investments of best practices by defined contribution plans in providing investment education to participants. The awards were presented at P&I's East Coast Defined Contribution Conference in Miami.
In the special projects category, first-place awards for corporate special projects featured an unusual result among plans with more than 5,000 employees. MGM Resorts International's two entries tied for first. Its service provider is Prudential Retirement.
First-place winners (and service providers) in several special projects categories for other corporate DC plans with fewer than 5,000 employees are BMC Software (SimplyConnect Consulting) and Wall Family Enterprise ( Francis Investment Counsel).
In the not-for-profit category, special projects winners were Franciscan Missionaries of Our Lady Health System ( Lincoln Financial Group); McLaren Health Care Corp. (MassMutual Retirement Services); Navajo Nation (Wells Fargo Institutional Retirement and Trust); and Online Computer Library Center Inc. ( Lincoln Financial Group).
The special projects winner in the not-for-profit/other category was Ohio Public Employees Deferred Compensation Program.
In the auto re-enrollment category, first-place winners were PNC Financial Group Inc. ( Buck Consultants) and Moog Inc. (Empower Retirement). In the conversions category, Sonepar USA (Schwab Retirement Plan Services) and McGraw-Hill Education, (Wells Fargo) placed first in the corporate category while Yale University ( TIAA-CREF) was the first-place winner in the not-for-profit category. The Connecticut Office of the State Comptroller (Prudential Retirement) was first in the public plan category. In the plan transitions category, RELX Group ( Aon Hewitt) and GHD Inc. ( Securian Retirement) were the corporate winners. Ascension Health took first place in the not-for-profit group.
Among retirement readiness entries, Eli Lilly & Co. ( Aon Hewitt) placed first in the corporate group while Los Alamos National Laboratory ( Aon Hewitt) won the not-for-profit category.
In the ongoing investment category, AutoNation Inc. (Wells Fargo) and Ring Cos. ( Securian Retirement) took top honors among corporate plans, while the Missouri State Employees' Retirement System won the public plan category.
Among service providers entering generic campaigns not associated with a plan sponsor, Francis Investment Counsel won first place for retirement health-care savings; MetLife placed first for ongoing education; and TIAA-CREF and State Street Global Advisors tied for first in the special projects category.
A full list of winners is available on P&I's website.