The upcoming print issue of PLANSPONSOR magazine will feature the finalists and winners of the 2018 Plan Sponsor of the Year Awards, but you can find a sneak preview of their profiles right now on PLANSPONSOR.com.
As in past years, these finalists and winners were recognized for their dedication to achieving retirement security for their plan participants, and their thoughtful approaches to getting them there. The finalists are all outstanding, but we did have to select winners, whom we honored at the PLANSPONSOR/PLANADVISER Excellence in Retirement Dinner during March. The winners and finalists will also be featured at the upcoming PLANSPONSOR National Conference in mid-June.
In many categories this year, it was difficult to select just one from the group, however, there was often something the winning plan sponsor did that the judges found unique or novel in approach, which nudged it ahead of its peers. The profiles supply details about what those approaches might have been, as well as how the sponsors improved retirement security for their plan participants, overall.
We congratulate the winners of this year’s awards. They provide a range of examples of how all plan sizes and types can achieve success—even though standards or metrics of success may vary.
As a reminder: Nominations for the awards are made in the fall, so please keep an eye out for pertinent communications in September and October. Maybe next year, your plan will join the ranks of these highly esteemed winners!
The 2018 award’s have nine categories in order to allow for the most accurate comparisons across plan types and sizes: Corporate 401(k) <$10MM; Corporate 401(k) >$10MM – $50MM; Corporate 401(k) >$50MM – $100MM; Corporate 401(k) >$100MM – $800MM; Corporate 401(k) >$800MM, Public Defined Contribution (DC); Nonprofit DC <$100MM; Nonprofit DC >$100MM; and Total Retirement Offering.