RALEIGH, N.C., Nov. 17, 2016 /PRNewswire/ -- BB&T
Retirement and Institutional Services received top rankings and 36
Best-in-Class awards in the national 2016 Defined Contribution (DC)
Survey conducted by PLANSPONSOR magazine. The annual survey
is considered one of the retirement industry's leading indicators
of plan sponsor satisfaction. Highlights include:
- BB&T earned 22 out of 22 Best-In-Class awards for plans in
the $5MM–$25MM asset range in the categories of technology,
education and communications, plan administration, investments and
fees and account service teams.
- BB&T earned 14 Best-In-Class awards for plans under $5MM,
including awards in value for price, industry knowledge of account
service team and plan communications.
- BB&T received a 90.6-percent overall recommendation
likelihood score.
"We recognize that plan sponsor satisfaction is absolutely
essential to the future growth of our organization. BB&T
continues to listen and learn from our clients, so we can best
prepare employees and their families for retirement," said BB&T
Retirement and Institutional Services Division Manager Ray McCulloch. "BB&T is honored to be
recognized again this year for superior client service and we
remain committed to delivering the highest value retirement plans
in the industry."
About BB&T Retirement and Institutional
Services
BB&T Retirement and Institutional
Services offers a complete range of employee benefits consulting,
fiduciary, philanthropic, corporate trust and investment management
services. For more information, visit
BBT.com/RetirementSolutions.
About BB&T
As of September
30, 2016, BB&T is one of the largest financial services
holding companies in the U.S. with $222.6
billion in assets and market capitalization of $30.6 billion. Based in Winston-Salem, N.C., the company operates
2,220 financial centers in 15 states and Washington, D.C., and offers a full range of
consumer and commercial banking, securities brokerage, asset
management, mortgage and insurance products and services. A Fortune
500 company, BB&T is consistently recognized for outstanding
client satisfaction by the U.S. Small Business Administration,
Greenwich Associates and others. BB&T also has been named one
of the World's Strongest Banks by Bloomberg Markets Magazine, one
of the top three in the U.S. and in the top 15 globally. More
information about BB&T and its full line of products and
services is available at www.BBT.com.
About PLANSPONSOR
PLANSPONSOR, a Strategic Insight
business, is the most respected provider of information and
research to America's retirement plan sponsors and the industry
that serves this large constituency. Through its award winning
magazine, website, e-newsletters and events, PLANSPONSOR reaches
100 percent of the top 1,000 investment pension plans in America
with assets of $7 trillion, as well
as all key decision-makers in the DC and DB market. For more
information, visit
PlanSponsor.com.
About Strategic Insight
Strategic Insight (SI)
provides critical and proprietary data, business intelligence,
research and marketing services to the global asset management
community. SI delivers full service solutions to the asset
management sector worldwide, including investment flow data,
advisor sales analysis, in-depth research, analytics, editorial
content and events for investment managers, asset owners and
custodians, plus Transaction Cost Measurement of over 500 million
trades per month. Our clients include over 1000 of the most
prominent names in the asset management industry, including 83 of
the world's 100 largest fund managers. Strategic Insight delivers
its products and services through four distinct divisions: SI
Data, SI Research, SI Intelligence and SI Interactive.
Its portfolio of leading editorial titles includes the
well-recognized brands PLANSPONSOR, PLANADVISER,
Chief Investment Officer, Global Custodian, and
The Trade. The company's headquarters are in New York with offices in Boston; Denver; San
Diego; San Francisco;
Stamford, Conn.; London; Munich; Melbourne; Toronto and Vancouver. Strategic Insight is backed by
Genstar Capital.
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SOURCE BB&T Corporation