“PSCA has been somewhat limited by our company name in the past,” said PSCA President, David Wray. “By calling ourselves the Plan Sponsor Council of America, we are more inclusive of all types of employer-sponsored defined contribution plans. We aren’t just here to advocate for profit sharing and 401(k) plans. We’re here for 403(b) plan sponsors, and others, as well.”
The name change is a result of a strategic planning initiative that focused on how PSCA can provide added value to its members, the organization said. Part of this initiative includes a series of new member benefits and enhanced services that will be rolled out over the next 18 months.