Sykes Enterprises Inc., Tampa, Fla., hired Prudential Retirement as record keeper of its defined contribution plans, said Charles Pascual, vice president, global compensation and benefits, in an email.
The transition to Prudential was effective April 3. Principal Financial Group was the previous record keeper. Mr. Pascual said there was an RFP process, and Principal was a finalist along with Lincoln Financial and Vanguard Group.
The plans, a 401(k) plan and a non-qualified deferred compensation plan, have a combined $67 million in assets.