RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial Group’s (NYSE:LNC) Retirement Plan Services business has been selected by the Palm Beach County Sheriff’s Office (PBCSO) as the provider for its 401(a) and 457(b) employer-sponsored retirement plan program. The PBCSO plan includes more than 2,500 plan participants with more than $140 million in total plan assets as of June 2015.
“Our employees are committed to protecting and enhancing the well-being of our community every day, and we are dedicated to providing a valuable retirement plan benefit that helps them achieve their savings goals,” said Ric L. Bradshaw, Palm Beach County Sheriff. “We are confident that with Lincoln’s robust retirement plan program and high-touch service model, we can make a meaningful difference in boosting our employees’ retirement readiness.”
Lincoln Financial’s offering to PBCSO includes resources designed to help plan participants with all aspects of the retirement planning process including custom communications content, products, services, and one-on-one education support delivered online, by phone and in person through Lincoln Retirement Consultants.
“We are honored that the Palm Beach County Sheriff’s Office has selected Lincoln as its employer-sponsored retirement plan provider and look forward to building a successful partnership with them in 2015 and beyond,” said John Morabito, Head of Institutional Retirement Distribution, Retirement Plan Services, Lincoln Financial Group. “With Lincoln’s knowledge and experience in the government market, we are well-positioned to provide a dynamic retirement plan offering that will help motivate PBCSO participants to take savings actions that can lead to better retirement outcomes.”
About Palm Beach County Sheriff’s Office:
The Palm Beach County Sheriff’s Office, with more than 4,000 employees and volunteers, provides Law Enforcement services, Corrections services, and Court services to the citizens of Palm Beach County, Florida. Palm Beach County is one of the largest counties in the State of Florida, serving a population of more than 1.3 million.
About Lincoln Financial Group’s Retirement Plan Services:
For more than 60 years, Lincoln Financial’s Retirement Plan Services (RPS) business has been helping savers boost their retirement readiness through employer-sponsored plans. Our distribution force of more than 400 professionals, including institutional and wholesale distribution channels and advisor-based sales teams, work to provide plan sponsors with retirement plans that not only meet the unique needs of their plan participants but also align with sponsors’ total rewards strategies and help recruit and retain top talent. RPS Retirement Consultants, available onsite, online and by phone, develop long-term one-on-one relationships with savers to help motivate them to take actions that lead to better retirement outcomes. RPS offers personalized services, solutions and education to help plan participants get to and through retirement. The business serves approximately 1.4 million participants through 22,000 plan sponsors with $55 billion in assets under management as of March 31, 2015.
About Lincoln Financial Group
Lincoln Financial Group provides advice and solutions that help empower Americans to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $222 billion in assets under management as of March 31, 2015. Learn more at: www.LincolnFinancial.com. Find us on Facebook, Twitter (@lincolnfingroup), LinkedIn and YouTube. To sign up for email alerts, please visit our Newsroom at http://newsroom.lfg.com.