2021 Plan Sponsor of the Year Winners

Nominations were made in December and January, finalists are announced in March, and winners are announced in May. To be considered, we must first receive a nomination for the award, which can come from the plan sponsor itself. All nominees are then asked to officially enter and complete an online form, supplying details about the plan’s administration, participant statistics and data; only those who complete this form are considered.

The number of finalists selected depends on the number of entries in each category. Entries are judged both against other nominations in the category and on a sense of best practices specific to each plan sponsor’s industry. Given the amount of entries we receive each year, there are plan sponsors that have honorable stories that are not chosen as finalists. We reach out to those plan sponsors for plan profiles, and we encourage any plans that were nominated to consider applying again in the future.

The 2021 awards have nine categories in order to allow for the most accurate comparisons across plan types and sizes:

• Public Defined Contribution (DC)
• Corporate 401(k) >$1B
• Corporate 401(k) >$300MM–$1B
• Corporate 401(k) >$150MM–$300MM
• Corporate 401(k) >$50MM–$150MM
• Corporate 401(k) $25MM–$50MM
• Corporate 401(k) <$25MM
• Nonprofit DC
• Total Retirement Offering (TRO)

Congratulations to the 2021 Plan Sponsor of the Year finalists and winners.

—PLANSPONSOR Staff