Securian and client, Ring Companies, honored with Eddy Award for defined contribution education campaign
ST. PAUL, Minn.--(BUSINESS WIRE)--A campaign to improve the retirement savings of the employees of a manufacturer of plastic containers has been honored as one of the best defined contribution retirement plan education campaigns of the year.
The campaign for Ring Companies, of Oakland, Tenn., conducted by Securian Financial Group, its 401(k) service provider, was among 46 campaigns honored in the 22nd annual Eddy Awards, sponsored by Pensions & Investments magazine. The Ring Companies and Securian campaign won first place in the corporate ongoing investment education category for companies with fewer than 1,000 employees.
“It’s rewarding to see our work with a valued client recognized by Pensions & Investments as an industry best,” said Ted Schmelzle, Securian’s director of plan sponsor services. “We love working with Ring Companies to help its employees achieve their retirement goals.”
Ring Companies has a 401(k) plan with $33 million in assets covering 642 employees working in 15 U.S. plants. The employee education campaign included information sessions as well as the distribution of print communications to highlight the 401(k) plan’s target-date fund series and risk-based model portfolios, using easy-to-understand language and imagery.
About Securian Retirement
Securian’s Retirement Plans division has been helping people save for retirement since 1930. Its platform features long-tenured retirement specialists, industry-leading fee levelization practices and extensive administrative outsourcing (offered at no additional cost). Securian provides services to thousands of employer-sponsored retirement plans through group annuity products issued by Minnesota Life Insurance Company.
About Securian Financial Group
Since 1880, Securian Financial Group and its affiliates have provided financial security for individuals and businesses in the form of insurance, investments and retirement plans. Now one of the nation’s largest financial services providers, Securian is the holding company parent of a group of companies that offer a broad range of financial services.
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