ING U.S. Extends Relationship as Service Provider for Spirit AeroSystems Retirement Savings Program
ING’s U.S. Retirement business announced today that it has been retained as the retirement plan services provider for the Spirit AeroSystems employer-sponsored retirement savings program. – the Spirit AeroSystems Holdings, Inc. Retirement & Savings Plan. These services are provided by ING U.S.’s institutional corporate market division, which offers retirement plan services for large corporate employers.
Headquartered in Wichita, Kan., Spirit AeroSystems is one of the world’s largest suppliers of commercial airplane assemblies and components. The program consists of a 401(k) plan with nearly $461 million in assets and approximately 6,300 participants.
As part of its approach to driving positive retirement outcomes, ING U.S. will continue to provide Spirit AeroSystems employees with access to industry-leading decision tools, as well as communication and education programs designed to engage and motivate employees to save.
"We are thrilled that Spirit AeroSystems has continued to place its trust in ING U.S. as the company’s retirement plan service provider,” said Wayne Finnegan, head of institutional corporate markets for ING U.S. Retirement. “This extension is a testament to the strength of our seven-year relationship. We look forward to continuing to deliver best-in-class services for their plan, including holistic retirement readiness solutions that help Spirit’s employees plan for, save towards and enjoy their retirement.”
ING’s U.S. Retirement business holds top-tier rankings in the defined contribution industry. It is one of the few providers that serves all types and sizes of customers, including corporate, government, healthcare, K-12 and higher-education employers.
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About ING U.S.
ING U.S. constitutes the U.S.-based retirement, investment management and insurance operations of Dutch-based ING Groep N.V. (NYSE: ING). In the U.S., the ING family of companies offers a comprehensive array of financial services to retail and institutional clients, including life insurance, retirement plans, mutual funds, managed accounts, alternative investments, institutional investment management, annuities, employee benefits and financial planning. ING U.S. holds top-tier rankings in key U.S. markets and serves approximately 13 million customers across the nation. For more information, visit http://ing.us.