Ted Benna, president of the 401(k) Association, today received the national Jefferson Award for outstanding public service by a private citizen. The award is presented by the American Institute for Public Service. Mr. Benna, known as the "Father of the 401(k), was one of four people to receive the Jefferson Award this year; other recipients were Madeleine Albright, former secretary of state; Lance Armstrong, reigning Tour de France champion; and Dorothy Height, civil rights leader.
Mr. Benna said he was "completely overwhelmed and shocked to learn he had received the award. "Its probably the first time a benefits consultant has won it, he laughed.