follow us:Google+ FacebookLinkedInTwitterRSS Feeds

advertisement

New deal sees Prudential managing more than $100M in retirement assets

Back to Top Comments Email Print

Prudential Retirement, a business unit of Newark-based Prudential Financial Inc., announced today it will manage retirement plans for two new clients, with combined assets of more than $100 million.

Fairfield County Bank in Connecticut and Waldemar S. Nelson in Louisiana have selected Prudential Retirement to manage their plans.

According to the announcement, Fairfield County Bank, headquartered in Ridgefield, Conn., operates 19 branch offices throughout Fairfield County and its wholly owned subsidiary, Fairfield County Bank Insurance Services LLC. Its 401(k) and non-qualified defined contribution plans hold nearly $39 million in assets for approximately 300 participants.

Nelson, in New Orleans, is a project management, engineering, environmental science and architectural services firm. Its 401(k) defined contribution plan has $63 million in assets for about 420 participants.

Share This Story On:
advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top