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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

MassMutual Retirement Services Strengthens 401(k) Roster





SPRINGFIELD, Mass., Feb. 20, 2013 /PRNewswire/ --  MassMutual's Retirement Services Division has been selected by Concrete Tie Industries, Inc. as the new recordkeeper for the company's 401(k) retirement plan, today serving approximately 42 participants. Assets added to MassMutual's platform from the company's retirement plan total more than $2.4 million.

Headquartered in Compton, Calif., Concrete Tie Industries, Inc. specializes in concrete products and has been in business since 1950.

"MassMutual stood out as a clear choice following our diligent search for a new retirement plan provider due to the firm's competitive fee structure and flexibility of investment options," says David Tuebner, CFP, vice president with Morgan Stanley Wealth Management, who assisted with the search. "Another key differentiator was MassMutual's strong commitment to participant education, and Concrete Tie Industries, Inc. could not be more pleased with the prompt deployment of group and personalized one-on-one educational meetings with employees," adds Tuebner.

"MassMutual's focus on participant outcomes and participant success is truly exceptional, and that has been evident throughout the sales and implementation process. In addition, as a TPA firm, we love working with MassMutual because they are a great partner and make it easy for us to do our job efficiently and effectively, which ultimately makes Concrete Tie's job easier as well. We are thrilled to be working with MassMutual on this plan!" adds Ian Salisbury, pension consultant with Actuarial Benefits Corp.

"The transition to MassMutual was seamless," says Steve Sim, controller with Concrete Tie Industries, Inc. "This was the second time I've moved to a new 401(k) provider and this was by far the easiest, thanks in part to our transition manager being so organized and knowledgeable with every step of the process. Participant education was also very important to us in choosing our next provider. Each of our employees had a one-on-one meeting with a MassMutual Retirement Education Specialist who walked through the process of logging in to their accounts online and making changes. Each person also received a consultation on their own personal retirement situation. We are happy to recommend MassMutual," adds Sim.

"MassMutual is pleased to welcome Concrete Tie Industries, Inc. as a valued new retirement services client," says Elaine Sarsynski, executive vice president, MassMutual's Retirement Services Division and chairman and CEO of MassMutual International LLC. "We are proud to offer our highly effective communication and education programs and world-class participant service to plans of all sizes and look forward to helping Concrete Tie Industries, Inc.'s employees make the most of their 401(k)s," adds Sarsynski.

For more information about MassMutual Retirement Services, please contact your retirement plan advisor or call MassMutual at 1-866-444-2601.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG

Markets

DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

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