Press Release

Plan Sponsor of the Year – Winners for 2020

Issued by ABG Retirement Plan Services [ABG]

Apr. 8, 2021

April 8, 2021, Peoria, IL - Alliance Benefit Group (ABG) is pleased to announce the winners of its 2020 Plan Sponsor of the Year awards. ABG created this program in 2017 with an emphasis on raising awareness of employers focusing on employee retirement readiness and how they can make a real difference in participant outcomes.  ABG National’s President, Don Mackanos, said “This past year has been a difficult one for all of us. With  so much negative press in 2020, it is a nice change to hear of positive news. Focusing on progress and benefiting our participant base is refreshing to hear about.  It was fitting that during 2020 the winning sponsors completely changed their business model to adapt to our new normal due to the pandemic.  They still found the time to improve their 401(k) plan to benefit their employees.” 
 
As in the past, we have three categories to highlight: best plan design, best participant education and one overall winner. 

2020 Overall Plan Sponsor of the Year Winner:  Petoskey Plastics, submitted by Sentinel Benefits & Financial Group. Quote from their firm: “Petoskey Plastics’ mission is to earn the appreciation and respect of its customers, associates and communities.  This is who we are as a company.  We are very proud to be able to offer great benefits to our associates, which includes a robust 401K plan for their future retirement.  It is a great honor to receive this special award.” 

2020 Winner Best Plan Design: Rumpke Waste and Recycling, submitted by Pension Corporation of America. Quote from their firm: “Rumpke’s success begins with its leadership and the dedicated team of  employees that make it all possible. The company’s team is diverse in skill set and role. A large percentage of the workforce includes truck drivers, technicians, plant and/or field employees, while just over a 1,000 team members work in office environments serving in a variety of professional roles. The Rumpke Family strives to make all employees part of its extended family, and as family members benefits that promote financial stability combined with health and overall wellness are vitally important.  With these objectives in mind, Rumpke identifies and partners with only the best benefits providers and collaborates with these experts to select and make superior options available to its team. The results of adjustments made make Rumpke and its plan a standout, and best of all the Rumpke team is reaping the benefits.” 

2020 Winner Best Participant Education: Caljet of America, submitted by Spectrum Pension Consultants, Inc. Quote from their firm: “I am passionate about educating our employees on planning for their financial future and consistent participation is most important.”  Dave Alexander, Owner of Caljet of America. 

For additional information on Alliance Benefit Group go to 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.  

Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.