2 PNC Plaza, 15th Floor, Pittsburgh, PA 15222; phone: (412) 762-9398; fax: (412) 762-9432; www.pncbank.com
(No. of participants)
Bundled (inc. in-house asset mgmt.) 120,000
Participants served exclusively 120,000
Bundled services 120,000
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
INVESTMENT MANAGEMENT SERVICES
Total defined contribution assets: $6 billion
In-house investment management services are provided through:
Internally managed mutual funds
Internally managed commingled funds
Internally managed separate accounts
PNC Bank provides services to 1,000 sponsors, all for bundled services (including in-house investment management).
It offers participant education through its Web site.
It has investment management partnerships with BlackRock, Fidelity Advisors, INVESCO, Janus, Scudder, Putnam and American Century.
Patricia Bergey is client contact.