SPRINGFIELD, Mass., Sept. 21, 2011 /PRNewswire/ -- The Profit Sharing/401k Council of America (PSCA) presented its highest honor for outstanding communication and education programs – Best of Show – to MassMutual Retirement Services and client, Gables Residential, in the 2011 PSCA "Signature Awards" event. Winners were announced today at the PSCA's 64th Annual Conference to honor retirement plan services providers and plan sponsors for their successful efforts in helping American workers plan and save toward for retirement.
"The Signature Awards represent the 'best of the best' in the defined contribution plan world," says David Wray, president, PSCA. "MassMutual has a long history of successful retirement communication and education. Their programs continue to evolve to embrace different plan types, cultural and language differences, and the diverse ways participants learn," says Wray.
"Once again, by winning nine PSCA Signature Awards including Best of Show, MassMutual continues to show its leadership and great collaboration with plan sponsors in producing innovative, creative communication and education solutions that drive positive results," states Robert Benish, chief operating officer for PSCA. "With four gold awards and the prestigious Best of Show, MassMutual deserves recognition as one of the foremost leaders in the workplace savings community," adds Benish.
MassMutual and its clients earned a total of nine awards for both sponsor and participant communications covering corporate, union and nonprofit defined contribution plans including:
PSCA Awards – MassMutual and Clients
Best in Show -- MassMutual/Gables Residential
Gold (Category: Language and Cultural Diversity)
Gold (Category: Plan Design Changes)
MassMutual/Hillside Family of Agencies
Gold (Category: Onsite Events and Workshops)
Silver (Category: Language and Cultural Diversity)
MassMutual/Rosen Hotels and Resorts
Silver (Category: Conversion)
MassMutual/Hillside Family of Agencies
Honorable Mention (Category: Train the Trainer)
MassMutual/IATSE Annuity Fund
PSCA Awards – MassMutual Provider Awards
MassMutual also earned awards in the "Communications To Be Used By Multiple Plan Sponsors" for its action-oriented participant education offering:
Gold (Category: Education Programs) for MassMutual's Participant Action Campaign
Bronze (Category: Education Programs) for MassMutual's Live Participant Seminars
"Earning this recognition from the PSCA is a double win," says Philip Altschuler, senior vice president of human resources for Gables Residential, Atlanta, Ga. "We believe we've done a great service for our employees and this recognition affirms our belief. The entire Gables team worked very hard with MassMutual -- this was a winning partnership with results far beyond what we expected," adds Altschuler.
"These awards are a testament to the great results that can be achieved when retirement plan sponsors, their advisors, and plan participants work together toward a common goal," says
Elaine Sarsynski, executive vice president of MassMutual's Retirement Services Division and chairman and CEO of MassMutual International LLC. "Effective communication and education lead to a healthy retirement plan and, ultimately, plan participants who have the tools to achieve a comfortable level of income in retirement," she adds.
The Profit Sharing/401k Council of America is a nonprofit association advocating increased retirement security through profit sharing, 401(k) and related defined contribution programs.
For more information about MassMutual retirement services, please call your retirement advisor or contact MassMutual at (888) 626-4911.
MassMutual's Retirement Services Division has been serving retirement plans for 65 years. It offers a full range of products and services for corporate, union, nonprofit and governmental employers' defined benefit, defined contribution and nonqualified deferred compensation plans. It serves approximately 1.3 million participants.
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) [of which Retirement Services is a division] and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC, Member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.
Copyright © 2011 Massachusetts Mutual Life Insurance Company (MassMutual) and affiliates, Springfield, MA 01111-0001.
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Contact: Lisa Reilly
SOURCE MassMutual Retirement Services Division