KPMG Peat Marwick L.L.P.
8200 Brookriver Drive, Suite 200, Dallas, Texas 75247; phone: (214) 200-7230; fax: (214) 200-7001
(No. of participants)
Total 302,000
Bundled (exc. in-house asset mgmt.) 283,000
Record keeping/administration only 19,000
Participants served exclusively 19,000
Record-keeping/administration only 19,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Foreign language capability
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Retirement planning assistance
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
External investment management services are provided through:
Private label mutual funds
Commingled funds
Separate accounts
GICs
KPMG Peat Marwick L.L.P. provides services to 340 sponsors: 260 for bundled services except in-house investment management and 80 for record-keeping and administration only.
It has investment management partnerships with SEI, J.P. Morgan and MFS.
Salvatore S. Zambito is client contact.
Lincoln National Life
Insurance Co.
P.O. Box 7849, 3C-06, Fort Wayne, Ind. 46801; phone: (219) 455-4795; fax: (219) 455-5469
(No. of participants)
Total 150,000
Bundled (inc. in-house asset mgmt.) 150,000
Participants served exclusively 150,000
Bundled services 150,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Consulting services
TOLL-FREE NUMBER SERVICES
Account balance
24-hour access
Operators
Retirement planning assistance
Client service rep available
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $4 billion
In-house investment management services are provided through:
*Internally managed separate accounts
*Guaranteed accounts
Lincoln National Life Insurance Co. provides services to 6,000 sponsors: 1,500 for bundled services (including in-house investment management) and 4,500 for investment management only.
It has investment management partnerships with Delaware Group; T. Rowe Price; Strong; Fidelity; Janus; Lincoln; Walter Scott; Provident; Lynch & Mayer; Vantage Global; and First Fiduciary; and a record-keeping and third-party administration partnership with Universal Pensions.
James R. Julian is client contact.
MassMutual
1295 State St., Springfield, Mass. 01111; phone: (413) 744-5735; fax: (413) 744-7747
(No. of participants)
Total 260,000
Bundled (inc. in-house asset mgmt.) 260,000
Participants served exclusively 260,000
Bundled services 260,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Foreign language capability
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Retirement planning assistance
Client service rep available
SECURE PRIVATE NETWORK SERVICES
Plan level data
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $9 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed separate accounts
*GICs
External investment management services are provided through:
Private label mutual funds
Commingled funds
MassMutual provides services to 2,900 sponsors: 2,400 for bundled services (including in-house investment management) and 500 for investment management only.
It offers participant information that mirrors its toll-free number services and excerpts from its employee education interactive software through its website address: www.massmutual.com.
It has investment management partnerships with Babson; Oppenheimer; Fidelity; T. Rowe Price; American Century; and BZW Masterworks.
William L. Tindall is client contact.
Merrill Lynch
800 Scudders Mill Road, Plainsboro, N.J. 08536; phone: (609) 282-3717; fax: (609) 282-3014
(No. of participants)
Total 1,612,000
Bundled (inc. in-house asset mgmt.) 1,612,000
Participants served exclusively 1,612,000
Bundled services 1,612,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Foreign language capability
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Retirement planning assistance
Client service rep available
Loan modeling
SECURE PRIVATE NETWORK SERVICES
Account balance
Account transfers
24-hour access
Operators
Foreign language capability
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Retirement planning assistance
Client service rep available
Loan modeling
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $49.3 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed separate accounts
External investment management services are provided through:
Fund alliances
Merrill Lynch provides services to 9,600 sponsors: 8,500 for bundled services (including in-house investment management) and 1,100 for investment management only.
It offers account balances and loan modeling through its website address: www.benefits.ML.com.
It has a record-keeping partnership with Paychecks.
Jim Davey is client contact.
MetLife Defined
Contribution Group
1 Madison Ave., Area 2E, New York, N.Y. 10010; phone: (212) 578-3181; fax: (212) 578-6765
(No. of participants)
Total 1,035,400
Bundled (inc. in-house asset mgmt.) 348,797
Record keeping/administration only 686,603
Participants served exclusively 1,035,400
Bundled services 348,797
Record-keeping/administration only 686,603
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
Educational messages
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Foreign language capability
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
Client service rep available
Educational messages
SECURE PRIVATE NETWORK
Account balances
Account transfers
24-hour access
Changes to contribution allocations
Loan request/processing
Performance data
Fund information
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $38.5 billion
In-house investment management services are provided through:
*Internally managed mutual funds
*Internally managed commingled funds
*Internally managed separate accounts
*GICs
External investment management services are provided through:
Commingled funds
Separate accounts
MetLife Defined Contribution Group provides services to 3,205 sponsors: 667 for bundled services (including in-house investment management); 1,000 for record-keeping and administration only; and 1,538 for investment management only.
It offers account balances, account transfers, changes to current/future allocations, loan request/processing, performance data and fund information through its website.
It has investment management partnerships with American Century; Janus; Harris Associates; Founders; Loomis Sayles; Neuberger & Berman; PBHG; Reich & Tang; Scudder; Warburg Pincus; UAM; and State Street Research.
Gary Lineberry is client contact.
MFS Retirement Services
500 Boylston St., Boston, Mass. 02116; phone: (800) 343-2829; fax: (617) 954-6685
(No. of participants)
Total 234,933
Bundled (inc. in-house asset mgmt.) 185,590
Investment mgmt. only 49,343
Participants served exclusively 159,347
Bundled services 110,004
Investment mgmt. only 49,343
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Generic employee communications
Compliance and reporting
TOLL-FREE NUMBER SERVICES
Account balance
Account transfers
24-hour access
Operators
Changes to contribution allocations
