PSCA ANNOUNCES 2001 SIGNATURE AWARDS WINNERS

CHICAGO (July 30, 2001) – The Profit Sharing/401(k) Council of America (PSCA) is pleased to announce the winners of our sixth 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."

Similar to previous years, PSCA has placed an increased emphasize 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 2001 Signature Award winning campaigns will be on display throughout the Annual National Conference in Scottsdale Ariz., from September 12-14, 2001. A Signature Award judge will also present a program explaining why each campaign was deemed a winner and worthy of PSCA recognition. Additionally, the Signature Awards publication highlighting winning programs will be available at the National Conference.

The following are the 2001 Signature Award winners:

Best of Show:
Cummins Inc.

Asset Allocation:
1: DENSO Manufacturing Tennessee, Inc.
2: UnitedHealth Group
HM: Catholic Archdiocese of Seattle
HM: Western States Asbestos Workers

Complete Campaign:
1: American Express
2: Newell Rubbermaid
3: Russell Corporation, Inc.
HM: INVESCO Asia Ltd.
HM: INVESCO Europe Ltd.
HM: Carolina Holdings Inc.

Financial Planning:
1: State Farm Insurance
HM: Southern Nevada Culinary & Bartenders Pension Trust

Increasing Deferrals:
1. Carlson Restaurants Worldwide
2. CYRO Industries
3. Nestle USA, Inc.
4. The Healthcare Group

Intro to Plan Design:
1: Applied Graphic Technologies
2: Aventis Pharmaceuticals
3: Mars, Incorporated
HM: Peter Kiewit Sons’ Inc.
HM: NJ Transit
HM: J.F. Shea Co., Inc.

Language Diversity:
1: Money’s Food
2: The Basic Companies
3: Carlson Restaurants Worldwide

Increasing Participation:
1: Cummins Inc.
2: Lycos, Inc.
3: Knight Ridder
HM: Qualex

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.