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North Carolina picks Prudential for 401(k).(BUSINESS BRIEFS)
State of North Carolina has renewed its contract with Prudential Retirement to service the NC 401(k) Plan and has chosen Prudential as the new third party service provider for the NC Public Employees' Deferred Compensation Plan. Under the terms of the agreement, Prudential Retirement will service $5 billion in total combined plan assets and will deliver retirement planning services to approximately 240,000 public employees.
COPYRIGHT 2008 NPT Publishing Group,
Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company. NOTE: All illustrations and photos have been removed from this article. |
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