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PSCA 51st Annual Survey of Profit Sharing and 401k plans
 

FOR IMMEDIATE RELEASE
 

PSCA ANNOUNCES 2002 SIGNATURE AWARD WINNERS

9/25/2002
 
PRESS CONTACT:
Profit Sharing / 401k Council of America
David Wray
20 North Wacker Drive
Suite 3700
Chicago, IL 60606
P: (312) 419-1863
F: (312) 419-1864
davidw@psca.org
http://www.psca.org
 
 

CHICAGO (September 25, 2002)  - The Profit Sharing/401(k) Council of America (PSCA) is pleased to announce the winners of our seventh annual Signature Awards competition. The Signature Awards recognize excellence in plan communication and investment education in 401(k) plans.

"PSCA received a significant increase in entries this year," said Clare Berquist of Strong, a Signature Awards judge and communications committee member. "We were pleased with the level of interest in the awards." Berquist also noted that the quality of the entries was extremely high. "The creativity of the campaigns was excellent and the achieved results were phenomenal."

As in previous years, PSCA has placed an increased emphasis on plan campaigns providing measured results. Measured results greatly reveal a program’s level of success. "PSCA wants to recognize programs that demonstrate their high level of success through the inclusion of measured results," said PSCA president, David L. Wray.

The 2002 Signature Award winning campaigns were on display at the Annual National Conference in Chicago, IL on Thursday, September 19. Signature Award judges also presented a program explaining why each campaign was deemed a winner and worthy of PSCA recognition. Additionally, the Signature Awards publication highlighting winning programs was available at the National Conference.

The following are the 2002 Signature Award winners:

Best of Show:
General Cable Corporation - Sponsored by MFS

Asset Allocation:
1: City of Jersey City - Sponsored by Prudential
2: Dean Foods Corporation - Sponsored by MFS
3: Morris Communications - Sponsored by INVESCO Retirement

401(k) Day:
1: ELS, Inc.

Complete Campaign (Over 10,000):
1: Food Lion, LLC - Sponsored by INVESCO Retirement
1: Trinity Health - Sponsored by Diversified Investment Advisors
2: State of Texas - Sponsored by CitiStreet
3: Comerica Bank
3: Humana, Inc. - Sponsored by Charles Schwab
HM: Cole National - Sponsored by CIGNA

Complete Campaign (Under 10,000):
1: General Cable Corporation - Sponsored by MFS
2: EMI Capital - Sponsored by T. Rowe Price
3: AGL Resources, Inc. - Sponsored by INVESCO Retirement
HM: Appleton Papers Inc. - Sponsored by BCI Group
HM: OC Tanner - Sponsored by Prudential
HM: DENSO

Increasing Participation
1: General Cable Corporation - Sponsored by MFS
2: Dean Foods - Sponsored by MFS
3: Amazon.com - Sponsored by Putnam Investments
HM: CCL Industries - Sponsored by Strong Retirement Plan Services

Intro to Plan Design (Over 3,500):
1: Reynolds & Reynolds - Sponsored by JP Morgan/American Century
2: CCL Industries - Sponsored by Strong Retirement Plan Services
3: Battelle Memorial Institute - Sponsored by The Vanguard Group
HM: State Farm - Sponsored by Ernst & Young
HM: Rich Products - Sponsored by MFS

Intro to Plan Design (Under 3,500):
1: MN Power (An ALLETE Company) - Sponsored by American Express Retirement Services
2: CYRO Industries - Sponsored by Prudential
3: Woman's Tennis Benefit Association, Inc. - Sponsored by The Vanguard Group

Financial Planning:
1: State Farm Insurance - Sponsored by Ernst & Young
2: The Dow Chemical Company - Sponsored by PricewaterhouseCoopers

Plan Sponsor:
1: Manulife USA and Manulife New York
2: Scudder Investments
3: Nationwide Financial

Increasing Deferrals:
1. Young and Rubicam Inc. - Sponsored by The Vanguard Group

Language Diversity:
1: Carolina Holdings Inc. - Sponsored by MFS
2: Universal Forest Products - Sponsored by CIGNA
3: Fieldale Farms, Inc. - Sponsored by First Union/Wachovia
HM: Four Seasons Hotels, Inc. - Sponsored by Wells Fargo & Co.
HM: Cement Masons-Southern California - Sponsored by INVESCO Retirement

 
***About the Profit Sharing/401k Council of America***
 

The Profit Sharing/401(k) Council of America (PSCA), a national non-profit association of 1,200 companies and their 6 million employees, advocates increased retirement security through profit sharing, 401(k) and related defined contribution programs to federal policymakers and makes practical assistance with profit sharing and 401(k) plan design, administration, investment, compliance and communication available to its members. PSCA, established in 1947, is based on the principle that “defined contribution partnership in the workplace fits today’s reality.” PSCA's services are tailored to meet the needs of both large and small companies with members ranging in size from Fortune 100 firms to small, entrepreneurial businesses.

 
 

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20 North Wacker Drive, Suite 3700, Chicago, Illinois 60606
Tel: (312) 419-1863 • Fax: (312) 419-1864 • psca@psca.org

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