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Pension Plan Sponsor Chooses MassMutual

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A Florida agricultural products company has picked the retirement services division of Massachusetts Mutual Life Insurance Company to run a $22 million defined benefit pension plan.

Family Dynamics Inc., Leesburg, Fla., a company that sells orchids, trees, sod, greenhouses and other products related to gardening and farming, is replacing an existing provider, according to MassMutual, Springfield, Mass.