ING U.S. Retirement Services has won a mandate from the Mount Holyoke College Defined Contribution Retirement Plan. ING will be the exclusive retirement plan service provider for the savings program, effective from July 1, 2011.
The program, which consists of a 403(b) and a 457 plan, has over $200 million in assets under management. Gregg Andonian of BayState Fiduciary Advisors recommended the appointment of ING as the vendor for the college.