{"id":757333,"date":"2023-05-10T10:03:45","date_gmt":"2023-05-10T14:03:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/alight-ranked-as-a-top-u-s-defined-contribution-record-keeper-by-pensions-investments\/"},"modified":"2023-05-10T10:03:45","modified_gmt":"2023-05-10T14:03:45","slug":"alight-ranked-as-a-top-u-s-defined-contribution-record-keeper-by-pensions-investments","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alight-ranked-as-a-top-u-s-defined-contribution-record-keeper-by-pensions-investments\/","title":{"rendered":"Alight ranked as a top U.S. defined contribution record keeper by Pensions & Investments"},"content":{"rendered":"

<\/p>\n

Alight ranked as a top U.S. defined contribution record keeper by Pensions & Investments<\/b><\/p>\n

Ranking reinforces Alight’s leadership in supporting the long-term financial wellbeing of employees<\/i><\/p>\n

LINCOLNSHIRE, Ill.–(BUSINESS WIRE<\/a>)–
\nAlight, a leading cloud-based human capital and technology services provider, announced today that it has been ranked as the second largest defined contribution (DC) record keeper for assets under administration in the annual Pensions & Investments survey of record keepers<\/a>. The survey, now in its 29th year, ranks the largest defined contribution providers in the United States.<\/p>\n

\nThis ranking reflects significant wins and organic growth by Alight in the DC recordkeeping space in both the commercial and public sector, as well as strong retention of existing DC clients. As a result, Alight experienced a 113% increase year over year in the total number of assets under administration. In addition to its ranking by assets, Alight moved up four spots to become the third largest provider in 2023 as measured by the number of total DC participants it serves, advancing 161% to 11.7 million participants.<\/p>\n

\n“We are honored to be recognized as one of the top DC record keepers in the country,” said Virginia Maguire, vice president of wealth solutions and strategy at Alight. “Financial security is about more than just retirement savings \u2014 it impacts people\u2019s wellbeing and career. This ranking is a testament to our continued commitment to delivering innovative, security-first solutions and exceptional service to help employees make more informed decisions about their financial wellbeing.”<\/p>\n

\nAlight\u2019s DC solutions are powered by Alight Worklife\u00ae<\/sup>, the company\u2019s employee experience platform. Alight Worklife was released in 2021 and spans health, wealth, and payroll solutions. The AI-driven platform drives better wellbeing outcomes for individuals and employers at their point of need. In addition, Alight Worklife\u2019s intelligent layered security model, multi-factor and biometric authentication, real-time fraud detection capabilities and security alerts provide robust security measures that continuously evolve to meet and exceed industry best practices and stay ahead of the latest threats.<\/p>\n

\nWith more than 40 years of experience in the recordkeeping space, Alight serves as the recordkeeper for some of the largest employers in the country. For more information about Alight\u2019s DC recordkeeping solutions, visit Alight.com<\/a>.<\/p>\n

About Alight<\/b><\/p>\n

\nAlight is a leading cloud-based human capital technology and services provider that powers confident health, wealth and wellbeing decisions for 36 million people and dependents. Our Alight Worklife\u00ae<\/sup> platform combines data and analytics with a simple, seamless user experience. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. With personalized, data-driven health, wealth, pay and wellbeing insights, Alight brings people the security of better outcomes and peace of mind throughout life\u2019s big moments and most important decisions. Learn how Alight unlocks growth for organizations of all sizes at alight.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230510005287\/en\/<\/a><\/span><\/p>\n

Alight
\n<\/b>
Mariana Fischbach
\n
mariana.fischbach@alight.com<\/a><\/p>\n

KEYWORDS:<\/b> Illinois United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Data Analytics Human Resources Internet Finance Data Management Professional Services Technology<\/p>\n

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Alight ranked as a top U.S. defined contribution record keeper by Pensions & Investments Ranking reinforces Alight’s leadership in supporting the long-term financial wellbeing of employees LINCOLNSHIRE, Ill.–(BUSINESS WIRE)– Alight, a leading cloud-based human capital and technology services provider, announced today that it has been ranked as the second largest defined contribution (DC) record keeper for assets under administration in the annual Pensions & Investments survey of record keepers. The survey, now in its 29th year, ranks the largest defined contribution providers in the United States. This ranking reflects significant wins and organic growth by Alight in the DC recordkeeping space in both the commercial and public sector, as well as strong retention of existing DC clients. As a result, … <\/p>\n

Continue reading “Alight ranked as a top U.S. defined contribution record keeper by Pensions & Investments”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-757333","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAlight ranked as a top U.S. defined contribution record keeper by Pensions & Investments - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alight-ranked-as-a-top-u-s-defined-contribution-record-keeper-by-pensions-investments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alight ranked as a top U.S. defined contribution record keeper by Pensions & Investments - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Alight ranked as a top U.S. defined contribution record keeper by Pensions & Investments Ranking reinforces Alight’s leadership in supporting the long-term financial wellbeing of employees LINCOLNSHIRE, Ill.–(BUSINESS WIRE)– Alight, a leading cloud-based human capital and technology services provider, announced today that it has been ranked as the second largest defined contribution (DC) record keeper for assets under administration in the annual Pensions & Investments survey of record keepers. The survey, now in its 29th year, ranks the largest defined contribution providers in the United States. This ranking reflects significant wins and organic growth by Alight in the DC recordkeeping space in both the commercial and public sector, as well as strong retention of existing DC clients. 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