Participants receive free copy of results and webinar from annual
403(b) Plan Survey
DES MOINES, Iowa -- (Business Wire)
Millions of peoplesave for retirement in403(b)
plans sponsored by non-profit organizations and public
schools, colleges and universities. Those plan sponsors continue to
grapple with dramatic
regulatory change against a backdrop of a slowly recovering economy.
To bring these organizations essential information on how others are
managing their 403(b) retirement programs, the Plan
Sponsor Council of America (PSCA) and Principal
Financial Group® announce the fifth annual PSCA 403(b)
Non-profit organizations that participate will receive a free copy of
the survey report and an invitation to a webinar
that provides an in-depth discussion of the results.
“Last year’s webinar
was very well-attended because 403(b) sponsors are eager to compare
their plans with others across the nation. The survey is the only one
that provides the kind of detailed information about 403(b) plans,” Bob
Benish, interim president and executive director of PSCA. “Strong
participation from sponsors will increase the richness of the benchmarking
The survey, at http://www.psca.org/2013-403bsurvey,
will take less 15 minutes to complete and must be submitted by March 15,
2013. The survey includes a glossary of terms used and a worksheet to
help the plan sponsor gather data and fill out the survey.
The results will be available in May and will provide valuable
benchmarking data on:
Organization and participant contributions
Plan expense monitoring and evaluation
Valuable information for financial professionals and third party
“Financial professionals and third party
administrators can build relationships and add value by notifying their
403(b) clients of this opportunity to receive free third-party
research,” said Aaron
Friedman, national non-profit practice leader, The Principal®.
“When the results are available, financial professionals can meet with
clients who completed the survey, attend the free webinar and
help with benchmarking. This could provide an opportunity for the
financial professional to make recommendations.”
For questions on the survey, or to request hard copies of the survey
questionnaire, please contact PSCA at email@example.com.
For more news and insights from The Principal, connect with us on
Twitter at http://twitter.com/ThePrincipal.
the Plan Sponsor Council of America
The Plan Sponsor
Council of America (PSCA), a national, non-profit association of 1,200
companies and their six million employees, advocates increased
retirement security through defined contribution programs to federal
policymakers. PSCA makes practical assistance available to its members
with plan design, administration, investment, compliance, and
communication materials. PSCA, established in 1947, is based on the
principle that “defined contribution partnership in the workplace fits
today’s reality.” PSCA's services are tailored to meet the needs of both
large and small companies with members ranging in size from Fortune 100
firms to small, entrepreneurial businesses, and non-profit organizations.
the Principal Financial Group
The Principal Financial Group®
(The Principal ®)1 is a global investment
management leader offering retirement services, insurance solutions and
asset management. The Principal offers businesses, individuals and
institutional clients a wide range of financial products and services,
including retirement, asset management and insurance through its diverse
family of financial services companies. Founded in 1879 and a member of
the FORTUNE 500®, the Principal Financial Group has $403.0
billion in assets under management2 and serves some 18.3
million customers worldwide from offices in Asia, Australia, Europe,
Latin America and the United States. Principal Financial Group, Inc. is
traded on the New York Stock Exchange under the ticker symbol PFG. For
more information, visit www.principal.com.
Bob Benish and PSCA are not an affiliate of any company of the Principal
© 2013 Principal Financial Services, Inc.
1 “The Principal Financial Group” and “The Principal” are
registered service marks of Principal Financial Services, Inc., a member
of the Principal Financial Group.
2 As of Dec. 31, 2012
The Principal Financial Group
Terri Hale, 515-283-8858
Source: Principal Financial Group
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