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View More Press Releases by Alliance Benefit Group

Press release:

Plan Sponsor of the Year Award -- National Winner for 2017

Issued by: Alliance Benefit Group

Date: Nov. 13, 2017

Peoria, IL, November 13, 2017 -- Alliance Benefit Group (ABG) is pleased to announce the national winner of its 2017 Plan Sponsor of the Year Awards. Based on the criteria of improving retirement readiness for participants, state-of-the-art plan design features focused on better financial outcomes and an increased involvement by both the employer and the advisor in driving results, the ABG member firms voted on their choice for an overall national winner.

ABG’s president, Don Mackanos, said “The principals and owners of the ABG member firms met at our semi-annual ABG Executive Forum and voted on the Plan Sponsor of the Year Award’s best example. By removing client names, locations, etc. we tried to make the voting simple yet fair. Although there were many good scenarios that were submitted, we had to pick just one winner. I’m extremely proud to say that Origin Bancorp, Inc., headquartered in Ruston, LA was selected. They were submitted by Bill Worley, President of ABG member firm 401k Plus, Inc., located in Arlington, TX.

So what made their story stand out? With approximately 40 locations, they implemented a policy where all new employees had to come to their headquarters for training, which focused on employee benefits and the value of the company’s ESOP. They had a dramatic increase in contribution deferrals for non-highly compensated employees as a result. They also offer financial wellness and budgeting best practice programs to employees.

Linda Tuten, SPHR, SHRM-SCP / EVP, Chief People & Diversity Officer at Origin Bancorp, Inc. said “It is an honor to be recognized by our plan administrator, 401k Plus and ABG as the national winner of the 2017 Plan Sponsor of the Year Award. The commitment of our employees to Origin Bank’s customers, culture, and core values is the single greatest contributor to our success. Our core purpose is to enrich the lives of the people in our community and it is just as significant that we strive to help enrich the lives of our employees. We are proud to invest in our employees’ futures and think it’s one of the best investments we can make. Through a partnership with Argent Financial Group, we are able to provide our employees with valuable investment advice from licensed financial advisors at no cost to our employees. Thank you for this special recognition.”

For additional information on Alliance Benefit Group go to http://www.abgnational.com or contact Don Mackanos at don.mackanos@abgnational.com.

About Alliance Benefit Group
Alliance Benefit Group LLC (ABG), is a national organization of retirement plan, health and welfare consulting and benefit administration firms. Founded in 1991, ABG’s unique structure allows its Members to maintain their independence and autonomy, yet provide all Members access to broader service offerings, sharing of best practices, and collaborative technical support. This collaboration has allowed its Members to grow more rapidly than industry counterparts, to where today ABG services 20,000 retirement plans and in excess of $70 Billion in assets. ABG’s emphasis on high service standards and continuing education designations help its Members to be regularly recognized with industry awards and accolades.

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View More Press Releases by Alliance Benefit Group


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