A defined contribution plan vendor says it is ramping up efforts to reach out to employers with $20 million to $150 million in plan assets.
ING U.S. Retirement Services, Windsor, Conn., a unit of ING Groep N.V., Amsterdam, has repackaged and re-branded the Framewor(k) retirement plan product. Program plans provide full fee disclosure along with features that permit midsize employers to choose any investment options they want to offer, ING says.
ING acquired the Framewor(k) product in 2008, when it bought CitiStreet from Citigroup Inc., New York, and State Street Corp., Boston.
ING also is holding a series of meetings for consultants and registered investment advisors who work with midsize retirement plans.