Labor Unions 401(k) Plan Picks MassMutual

Defined contribution plan Labor Unions 401(k) Plan, San Diego, has selected MassMutual’s Retirement Services Division as bundled service provider. The mutual life insurance company’s unit will provide services to the $23 million Taft-Hartley plan.

The plan has more than $23 million in assets under management and serves more than 3,500 union members employed in the hotel, food service, gaming, textile, laundry, manufacturing and distribution industries. MassMutual’s Retirement Services Division offers a full range of products and services for corporate, union, nonprofit and governmental employers’ defined benefit, defined contribution and non-qualified deferred compensation plans.

Click here for the release from PR Newswire.