PORTLAND, Ore., March 13 /PRNewswire/ -- 401kExchange has ranked The
Standard as the overall number two fund manager and number four plan
administrator nationally for companies with $1 million to $10 million in
401(k) assets. Rankings are based on interviews with over 20,000 plan
sponsors conducted by 401kExchange from January through December of 2006.
The Standard was also ranked as the number four fund manager and number
three plan administrator nationally for companies with under $1 million in
401(k) assets. Those rankings are based on interviews with almost 15,000
plan sponsors. Invesmart, which was acquired by The Standard in 2006, was
ranked as the number four plan administrator nationally for companies with
$10 million to $100 million in 401(k) assets. Those rankings are based on
interviews with almost 2,500 plan sponsors.
"The Standard has consistently scored high in our ratings over the past
four years which is difficult to accomplish given the very tough
competition in the 401(k) market. With the integration of Invesmart, which
has also scored well, we expect the new entity to be that much stronger and
a force to be reckoned with," said Fred Barstein, President and CEO of
401kExchange.
"It is very gratifying to be consistently recognized as a leading fund
manager and plan administrator by this and other third-party industry
surveys," said Kent Buckles, vice president of Sales, Marketing and
Advisory Services. "Our rankings speak to our commitment to our customers
and the superior service and value that we deliver to them on a daily
basis. We are very excited about our continued growth and success as a
national provider of retirement plan products and services."
401kExchange provides an independent, objective resource for research
and information on the 401(k) qualified plan industry and service providers
through its Web site at 401kExchange.com.
The Standard has provided retirement plan services for more than 70
years. Full and recordkeeping-only services are available on a trust
platform in all states and a group annuity platform in all states except
New York. The Standard promotes a participant-centric approach with
services such as AdvicePath, its highly successful managed account option
for plan participants. For more information on The Standard's retirement
services, visit retirement.standard.com.
About The Standard
StanCorp Financial Group, Inc. ("StanCorp") (NYSE: SFG) through its
subsidiaries marketed as The Standard -- Standard Insurance Company, The
Standard Life Insurance Company of New York, StanCorp Investment Advisers,
Standard Retirement Services, StanCorp Equities, StanCorp Trust Company and
StanCorp Mortgage Investors -- is a leading provider of financial products
and services. The Standard serves approximately 8.1 million customers
nationwide as of December 31, 2006 with group and individual disability
insurance, group life and dental insurance, retirement products and
services and investment advice
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