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Benefits November 11, 2002
New Healthcare Retirement Partnership Formed
November 11, 2002 (PLANSPONSOR.com) - GE Asset
Management and Diversified Investment Advisors have formed an
alliance to offer retirement plan services to healthcare
organizations.
Reported by Eric Hazard
The new alliance has created GE Healthcare Retirement Advantage, which will assist healthcare organizations with plan administration and offer solutions to problems they face, such as multi-plan situations and lower participation rates.
Healthcare organization currently have participations rates 40% lower than the average corporate plan, according to a Spectrem Group survey of 403(b) plans.