RALEIGH, N.C., Dec. 17, 2014 /PRNewswire/ — BBT Retirement and Institutional Services received a top ranking and 33 Best-in-Class awards in the national 2014 Defined Contribution (DC) Survey conducted by PLANSPONSOR magazine. The annual survey is considered one of the retirement industry’s leading indicators of plan sponsor satisfaction with sponsor and participant services. Highlights include:
- BBT was ranked No. 1 for plans in the $5MM–$25MM asset range as measured by the Net Recommendation Score. More than 96 percent of BBT plan sponsors surveyed would recommend BBT.
- BBT was a top provider in the $5MM–$25MM asset range for fees and investments, account team representatives and technology.
- BBT earned 16 Best-In-Class awards for its participant services, including awards in enrollment assistance, range of investments, and online tools/savings and investing services.
- BBT earned 17 Best-In-Class awards for its services to plan sponsors, including awards for cost-to-value of plan fees, industry knowledge of account service team and plan design flexibility.
“Our mission is to help our clients’ employees become retirement ready,” said BBT Retirement and Institutional Services Division Manager Ray McCulloch. “From our high-touch service team to our continued enhancements in technology, everything we offer is designed to provide an excellent employee benefit for our clients. BBT is honored to be recognized by our clients and will continue to work hard every day to meet their retirement plan needs.”
About BBT Retirement and Institutional Services
BBT Retirement and Institutional Services offers a complete range of employee benefits consulting, fiduciary, philanthropic, corporate trust and investment management services. For more information, visit BBT.com/RetirementSolutions.
About BBT
BBT is one of the largest financial services holding companies in the U.S. with $187 billion in assets and market capitalization of $26.8 billion, as of Sept. 30, 2014. Based in Winston-Salem, N.C., the company operates 1,842 financial centers in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BBT is consistently recognized for outstanding client satisfaction by the U.S. Small Business Administration, Greenwich Associates and others. More information about BBT and its full line of products and services is available at BBT.com.
About PLANSPONSOR
PLANSPONSOR magazine, an Asset International, Inc. publication, is the USA’s leading authority on retirement issues and benefits programs. PLANSPONSOR.com provides comprehensive news and commerce services dedicated solely to helping employers and financial advisers navigate the complex world of retirement plans and benefit programs on behalf of their employees or clients. For more information, see www.PLANSPONSOR.com
About Asset International
Asset International is a privately held provider of information and technology to global pension funds, asset managers, financial advisers, banking service providers, and other financial institutions in the private and public sector. Its industry-leading brands include Strategic Insight, Simfund, Plan For Life, PLANSPONSOR, PLANSPONSOR Europe, PLANADVISER, Chief Investment Officer, Global Custodian, and The Trade. The company has offices in New York; London; Boston; Hong Kong; Melbourne and Stamford, Conn.; Toronto; and soon the San Francisco Bay Area; and is backed by GenstarCapital.
SOURCE BBT Corporation
RELATED LINKS
http://www.bbt.com
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