Diane Insightful
Diane Unbiased
NEWS - Health Care Organizations Increasingly Turning to Fidelity for Workplace Retirement Savings Solutions

April 1, 2015 – Boston – Fidelity Investments strengthens its position as the number one provider of workplace retirement plans for not-for-profit health care institutions, announcing that Bon Secours Health System has selected the firm as the new retirement services provider for its 25,000 employees. Fidelity also announced it is extending its long-standing relationships with Allina Health and Baptist Health, providing defined contribution retirement savings plan services, as well as a comprehensive suite of guidance, education and investment planning products.

“We’re proud to help these prominent health care institutions deliver workplace retirement and financial wellness programs to encourage their employees to take control of their finances and create a solid plan so they can live the lives they want in retirement,” said Rick Mitchell, executive vice president, Tax-Exempt Market & Retirement Solutions, Fidelity Investments.

Fidelity was chosen by Bon Secours Health System, a Maryland-based system reaching communities in five other states, including New York, South Carolina, Virginia, Kentucky and Florida, to provide retirement savings programs totaling $840 million in assets.

Allina Health, based in Minneapolis, Minnesota, and Fidelity extended their long-standing relationship, and Fidelity will continue to offer the firm’s retirement savings plans and financial education to Allina Health’s 25,000 professionals, totaling $2.2 billion assets.

Baptist Health, based in Louisville, Kentucky, continues its exclusive relationship with Fidelity as the sole provider of retirement savings benefits to its 18,000 employees. Building on a relationship that began in 1998, Fidelity will manage $900 million in assets.

Click on the external link below to review the entire article:

https://www.fidelity.com/about-fidelity/employer-services/workplace-retirement-savings-solutions