90 S. 7th St., Suite 4600, Minneapolis, MN 55402; phone: (612) 359-2540; fax: (612) 342-2111; www.sitfunds.com
(No. of participants)
Bundled (inc. in-house asset mgmt.) 1,000
Participants served exclusively 1,000
Bundled services 1,000
Customized employee investment education
Generic employee communications
SECURE PRIVATE NETWORK SERVICES
INVESTMENT MANAGEMENT SERVICES
Total defined contribution assets: $2.85 billion
In-house investment management services are provided through:
Internally managed mutual funds
Internally managed separate accounts
Sit Investment Associates Inc. provides services to 425 sponsors: 25 for bundled services (including in-house investment management); and 400 for investment management only.
It offers fund information (prospectus etc.) through its Web site.
It has a partnership with DCA Inc. in third-party administration.
Mike Eckert is client contact.