This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Renasant Employee Benefit Solutions Recognized As Top 401(k) Plan Services Provider

Stocks in this article: RNST





TUPELO, Miss., April 16, 2012 /PRNewswire/ -- Renasant Employee Benefit Solutions (R.E.B.S.), a division of Renasant Bank headquartered in Tupelo, MS, has been recognized by MyPlanIQ, a retirement investment information and rating company, as having a 100% fund quality rating as of March 31, 2012.  R.E.B.S. model portfolio resulted in Renasant Bank's 401(k) plan being rated the highest among thousands of 401(k) and annuity retirement plans that MyPlanIQ ranks.  R.E.B.S. provides retirement plan services, such as 401(k) plans, to a wide variety of businesses and organizations.

"MyPlanIQ performs rigorous quantitative evaluation on investment funds available in hundreds of thousands of retirement plans in our database. We derive a plan's rating using three metrics: diversification, fund quality and portfolio building capability," said John Zhong, CEO & Founder of MyPlanIQ.  "We are pleased to see that Renasant's 401(k) program attains the highest fund quality score as well as an excellent plan rating. As more and more Americans rely on investments in their retirement plans to fund future retirement needs, a well designed retirement plan such as Renasant's 401(k) becomes more important."

"We believe that due diligence and manager selection are important sources of alpha in a well designed portfolio strategy," said Rocky Miskelly, Renasant Director of Wealth Management and Executive Vice President. 

All of the funds within the 401(k) platform are institutional funds that have undergone a rigorous screening process. By using exclusively institutional funds, Renasant is able to refuse compensation from mutual fund providers thereby removing any conflict of interest when selecting funds to be used within the portfolio. 

"Our 401(k) program is highly diversified across asset classes and is derived from multiple fund families," said Miskelly.  "Furthermore, our proprietary process of selecting funds gives Renasant's clients a plan with funds that meet the highest fiduciary standards set by the Center for Fiduciary Studies."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,974.31 -31.44 -0.18%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,549.2260 -15.0680 -0.33%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs