BOK Financial Ranks Among Top Retirement Plan Providers
February 05 2020 - 10:00AM
BOK Financial (NASDAQ: BOKF) ranked among top retirement plan
providers in the country once again, according to the highly
regarded PLANSPONSOR Defined Contribution Survey.
For nearly two decades, PLANSPONSOR’s annual Defined
Contribution Survey has been the most important industry benchmark,
measuring and evaluating 401(k) and other DC providers according to
feedback from their own clients. Major defined contribution
providers are rated in the various client categories they serve,
and benchmark information is collected for plan sponsors to gauge
their plans against their peers.
“The PLANSPONSOR survey results demonstrate the depth of
knowledge of our team, along with our unwavering commitment to the
clients we serve,” said Ken Etheredge, director of Retirement Plans
and Asset Services for BOK Financial. “We are honored that our plan
sponsors clients continue to recognize our commitment to
outstanding service, retirement plan expertise, and
innovation.”
BOK Financial was awarded 23 of 23 “Best in Class” awards in
PLANSPONSOR magazine’s 2019 Defined Contribution Survey across the
$5MM - $25MM market segment. The reviews from our plan sponsor
clients earned us the top “Gold” award with a 90 percent “Net
Promoter Score*” and “Best in Class” honors in every category
measured by PLANSPONSOR. This includes 23 areas of participant and
sponsor services covering five broad categories: plan
administration, technology, participant education, sponsor
services, and investments and fees.
“Our goal is to provide our clients with the best service in the
industry combined with best-in-class technology,” said Anthony
Phillips, senior vice president, and Institutional Wealth national
sales manager. “These results are great testimony from our clients
that we are delivering on our goal, and we’re grateful that our
clients recognize the value of the services we provide to their
organization, as well as their employees.”
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 nonqualified deferred compensation plans. Full
survey results are available here. (free registration to
PLANSPONSOR is required if you don't already have an account.)
* NPS is calculated by subtracting the percentage
of customers who are “detractors”— giving a score of 6 or less—from
the percentage who are “promoters”—giving a 9 or 10.
About BOK Financial CorporationBOK
Financial Corporation is a more than $40 billion regional financial
services company headquartered in Tulsa, Oklahoma with more than
$80 billion in assets under management and administration. The
company's stock is publicly traded on NASDAQ under the Global
Select market listings (BOKF). BOK Financial Corporation's holdings
include BOKF, NA; BOK Financial Securities, Inc., BOK Financial
Private Wealth, and BOK Financial Insurance, Inc. BOKF, NA operates
TransFund, Cavanal Hill Investment Management and BOK Financial
Asset Management, Inc. BOKF, NA operates banking divisions across
eight states as: Bank of Albuquerque; Bank of Oklahoma; Bank of
Texas and BOK Financial (in Arizona, Arkansas, Colorado, Kansas and
Missouri); as well as having limited purpose offices Nebraska,
Milwaukee and Connecticut. Through its subsidiaries, BOK Financial
Corporation provides commercial and consumer banking, brokerage
trading, investment, trust and insurance services, mortgage
origination and servicing, and an electronic funds transfer
network. For more information, visit www.bokf.com.
Media contact:Cody McAlestercmcalester@bokf.com
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