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July 27, 2015 10:11 PM ET

Capital Markets

Company Overview of Prudential Retirement Services, Inc.

Company Overview

Prudential Retirement Services, Inc. provides retirement planning solutions to public, private, and not-for-profit organizations. Its services include recordkeeping and plan administration, investment management, employee investment education and communications, and trustee services. The company’s products include profit sharing, 401(k), 457, 403(b), group annuities, and cash balance plans. The company is based in Scranton, Pennsylvania. Prudential Retirement Services, Inc. operates as a subsidiary of Prudential Financial, Inc.

30 Scranton Office Park

Scranton, PA 18507

United States



Key Executives for Prudential Retirement Services, Inc.

Senior Vice President of Marketing and Strategy
Vice President of Sales
Senior Vice President and Head of Pension & Structured Solutions Business
Chief Operating Officer - MullinTBG
Compensation as of Fiscal Year 2015.

Prudential Retirement Services, Inc. Key Developments

Prudential Retirement Adds New Client InterPark

Prudential Retirement announced that it has added new plan sponsor client InterPark.

MWRD Selects Prudential Retirement to Administer $220 Million MWRD Plan

Prudential Retirement announced that it has added new plan sponsor client Metropolitan Water Reclamation District of Greater Chicago (MWRD). The plan transitioned to Prudential Retirement in January. Segal Rogerscasey is the advisor to the plan.

Prudential Retirement Names Scott Kaplan as Head of Pension Risk Transfer Business Team

Prudential Retirement announced that Scott Kaplan has been named Head of the Pension Risk Transfer Business Team, effective immediately. Kaplan, a senior member of the Pension Risk Transfer leadership team, will continue to report to Phil Waldeck, the overall group Head of Pension & Structured Solutions. The rest of the PRT team remains the same, including Amy Kessler, who will continue to lead and grow the longevity reinsurance business in her current role as head of the longevity reinsurance team. Kaplan previously led risk transfer and risk management strategies for pension plan sponsors as senior vice president and head of Global Product and Market Solutions for Prudential’s Pension & Structured Solutions business. Kaplan previously served as the senior finance leader for the company's individual life insurance business and as managing director within Prudential’s Treasurer’s Department, where he co-headed the Corporate Finance Group and served as Prudential’s liaison with the rating agencies. He is also a former member of the core treasury team which led Prudential’s demutualization.

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