ING U.S. Extends its Service Relationship with the County of San Bernardino
WINDSOR, Conn., Nov. 5, 2012
WINDSOR, Conn., Nov. 5, 2012 /PRNewswire/ -- ING U.S. announced today that its
Retirement business has been retained as the service provider for the County
of San Bernardino Defined Contribution Retirement Program.
ING U.S.'s relationship with the County of San Bernardino -- the largest
county by geographic size in the nation -- began in 1993 and has been extended
pursuant to a two-year agreement. The program consists of a 457(b) deferred
compensation plan, 401(k) and 401(a) defined contribution plans, as well as a
retirement medical trust plan (HRA) and a 3121 plan for part-time employees.
There are over $600 million in assets under administration and approximately
23,000 participants in the combined plans.
"ING U.S. has provided exemplary service for these plans and our relationship
continues to flourish due in part to the local, personalized attention we
receive from the ING representatives based right here in the county," said
Andrew Lamberto, Director of Human Resources for the County of San
Bernardino. "We look forward to building on this successful foundation and
implementing new services and strategies to help the many public employees of
the County plan for and save towards a comfortable retirement."
As part of its commitment to advancing the retirement readiness of Americans,
ING U.S. will continue to provide County employees with access to
industry-leading decision tools, as well as award-winning communication and
education programs designed to engage and motivate employees to save.
Participants also have access to a wide range of investment options, including
stable value and other offerings from ING's own asset manager, ING U.S.
"We're thrilled that the County of San Bernardino has continued to place its
trust in our business and our people," said Jamie Ohl, president of Tax-Exempt
Markets for ING U.S. Retirement. "This extension is a testament to the
strength of our nearly 20-year relationship, and the commitment we have to
providing clients -- including some of largest retirement systems in the
country -- with the integrated capabilities and competitive value they want
for the long-term. We look forward to continuing to deliver outstanding
services and solutions to help the employees of San Bernardino County achieve
the financial security in retirement they expect and deserve."
ING U.S.'s Retirement business holds top-tier rankings in the defined
contribution industry. It is one of the few providers that serves all types
and sizes of customers, including corporate, government, healthcare, K-12 and
higher education employers.
About ING U.S.
ING U.S. constitutes the U.S.-based retirement, investment and insurance
operations of Netherlands-based ING Groep N.V. (NYSE: ING). In the U.S., the
ING U.S. family of companies offers a comprehensive array of financial
services to retail and institutional clients, including retirement plans, IRA
rollovers and transfers, stable value, institutional investment management,
mutual funds, alternative investments, life insurance, employee benefits,
fixed and indexed annuities and financial planning. ING U.S. holds top-tier
rankings in key U.S. markets and serves approximately 13 million customers
across the nation. For more information, visit http://ing.us.
SOURCE ING U.S.
Contact: Emily Dawe, ING U.S., +1-860-580-1750 (office), +1-203-589-7688
Press spacebar to pause and continue. Press esc to stop.