MJHS Health System, New York, hired Lincoln Financial Group as record keeper of its 401(a) and 403(b) plans, said Audrey O. Waters, spokeswoman, in an email.
Lincoln Financial replaces MassMutual Financial. Ms. Waters said Lincoln was chosen because "they are leaders in the retirement planning industry and share our focus on encouraging employees to save for retirement, plus stay on track with reaching individual goals."
The plans have a combined $153 million in assets.