2929 Allen Parkway, Houston, TX 77019; phone: (713) 526-5251; fax: (713) 831-4922; www.valic.com
(No. of participants)
Bundled (inc. in-house asset mgmt.) 1,093,000
Participants served exclusively 1,093,000
Bundled services 1,093,000
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
INVESTMENT MANAGEMENT SERVICES
Total defined contribution assets: $24.9 billion
In-house investment management services are provided through:
Internally managed mutual funds
Internally managed commingled funds
Internally managed separate accounts
VALIC provides services to 25,693 sponsors: all for bundled services (including in-house investment management). It offers account balances, account transfers, 24-hour access, performance data, fund information, retirement planning assistance and asset allocation through its Web site.
It has partnerships with American General Investment Management, Bankers Trust, Vanguard Group, T.Rowe Price, Franklin Templeton, Dreyfus, Value Line, Putnam Investments, Scudder, Stevens & Clark, American Century, Founders Asset Management, and Neuberger & Berman Management Inc. in investment management; and Charles Schwab for self-directed brokerage account.
Tom West is client contact.