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BOK Financial Corporation
BOK Financial Corporation
12/12/2012 | Press release
BOK Financial Ranks at the Top of US Retirement Plan Providers
distributed by noodls on 12/12/2012 13:55
Dateline:
TULSA, Okla.--(BUSINESS WIRE)--BOK Financial has announced it ranked among top retirement plan providers in the country once again, according to the highly regarded PLANSPONSOR Defined Contribution Survey. The annual survey asks employers to rate their retirement plan providers on a number of factors and then compares those results with other plan providers. BOK Financial ranked in the Top 10 in a number of categories and was ranked in the top five overall for providers of a similar size.
"At BOK Financial, we don't just sell companies retirement plans that they then hand over to their employees. We're part of the whole process. We help companies educate and engage their employees so that they get the most out of their retirement benefits," said Ken Etheredge, senior vice president, manager of retirement plan services. "These rankings demonstrate that fact and show that we are successful at it."
Etheredge added that because the survey talks directly to customers and asks about their experience with BOK Financial, the results are very meaningful.
The company received a number of Top 10 rankings, including those for "Clients feeling most employees will meet retirement goals" and "Clients extremely likely to recommend provider." In addition, the company also ranked high for its compliance support/testing, plan design flexibility, overall education program, and enrollment assistance.
JoAnn Schaub, senior vice president for institutional wealth management, said that BOK Financial is focused on providing the highest quality of service, education and investment products to its customers and these results reflect that.
"We're proud to be a top five provider of retirement services for our size, but honestly, that's something we expect to achieve," said Schaub. "We are wholly committed to giving our customers a level of service that makes them successful in attracting and retaining employees, and offers their employees the resources and products necessary for successful retirement planning."
BOK Financial offers a comprehensive range of services for any employer-sponsored retirement plan, including 401(k) plans, profit sharing plans, 403(b) plans, 457 plans, employee stock ownership plans, defined benefit pension plans, cash balance plans and non-qualified deferred compensation plans.
For more information about BOK Financial's retirement plan services, visit this webpage.
About BOK Financial Corporation
BOK Financial Corporation is a $27 billion regional financial services company based in Tulsa, Okla. The company's stock is publicly traded on NASDAQ under the Global Select market listings (symbol: BOKF). BOK Financial's holdings include BOKF, NA, BOSC, Inc. and Cavanal Hill Investment Management, Inc. BOKF, NA operates the TransFund electronic funds network and seven banking divisions: Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City, Bank of Oklahoma, Bank of Texas, and Colorado State Bank and Trust. Through its subsidiaries, the company provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network.www.bokf.com.
