The deadline is nearing for entering the 2012 Eddy Awards.
The awards, sponsored annually by Pensions & Investments since 1995, recognize plan sponsors and service providers that epitomize the best practices in providing investment education to defined contribution plan participants.
All entries must be submitted by Oct. 14.
Eddy Award entry forms are available online. There are separate entry forms for plan sponsors and service providers.
For the second consecutive year, the Eddy Awards integrate print and online investment education in all categories. Thus, a single entry may include not just printed materials like brochures, postcards, table tents and posters, but also websites, CD-ROMs, e-mails, videos and the like.
The 2012 Eddy Awards categories are:
• initial investment education;
• ongoing investment education;
• special projects;
• conversions to new record keepers;
• fee disclosure and education; and
• training and advocacy.
Entries should include web access for judges, such as a temporary user ID and/or password valid through March 15, 2012.
All plan sponsor entries must include documentation that plan executives approved the submission (if they did not submit the entry.)
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 2011 Eddy Awards may not submit the same materials in the 2012 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 a particular plan sponsor.
Each entry must be submitted with a separate entry form and in its own envelope. Multiple entries may be mailed in one package.
Judges — mostly DC 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, to be held March 11-13, 2012, at the Fairmont Turnberry Isle Resort & Club in Miami.
Complete rules are also available at www.pionline.com/eddy2012.