Entries are now being accepted for the 2010 Eddy Awards, sponsored by Pensions & Investments.
The deadline is Oct. 9.
The Eddy Awards, presented annually by P&I since 1995, recognize plan sponsors and service providers that epitomize the best practices in providing investment education to defined contribution plan participants.
Entry forms are available online, at www.pionline.com/eddy2010. There are separate entry forms for plan sponsors and service providers.
New this year is the category, “Communicating during the economic crisis.” Judges of the 2009 Eddy Awards suggested the change, explaining extraordinary times call for specialized investment education and communication.
The other categories are:
•initial education (print);
•ongoing education (print);
•special projects (print);
•conversions to new record keepers (print);
•training and advocacy (print); and
Other media include videos, flash e-mails, websites and all other non-print vehicles.
Entry forms should include web access for judges, such as a temporary user ID and/or password valid through Dec. 31.
Beginning this year, plan sponsor entries must include documentation that plan executives approved the submission (if they did not submit the entry themselves).
For all plan sponsor entries, each category is divided by type of sponsor (corporate, public, union and not-for-profit) and by size. For service providers, each category is divided by size, and then by whether the entry was prepared for a specific client or is generic.
Service providers may enter the same investment education campaigns in their awards that their clients enter in the plan sponsor awards.
Winners of the 2009 Eddy Awards may not submit the same materials in the 2010 competition, although new materials are welcome from all past winners.
All entries, excluding those in the subcategory of “generic” for service providers, must contain customized materials clearly branded for the plan sponsor.
Each entry must be submitted with a separate entry form and in its own envelope. Multiple entries can be mailed in one package.
Judges — mostly defined contribution plan executives — will consider, among other things, the effectiveness and completeness of the investment education program. A letter containing evidence of the effectiveness, such as an increase in participation, must accompany the entry.
Winners will be announced at P&I's annual Defined Contribution/401(k) East Coast conference, which will be held March 7-9 at the Fairmont Turnberry Isle Resort and Club in Miami.
Complete rules are available here along with the entry forms.