TULSA, Okla.--(BUSINESS WIRE)--

BOK Financial has announced it ranked among top retirement plan providers in the country, according to the highly-regarded PLANSPONSOR Defined Contribution (DC) Survey. The annual survey asks employers about their retirement plan and then compares retirement plan providers on a number of categories. BOK Financial ranked in the Top 10 in a number of categories and received numerous Best in Class awards.

Choosing a retirement plan provider for your business is a very important decision every employer has to make, said JoAnn Schaub, senior vice president for Institutional Wealth Management. PLANSPONSOR is an impartial and reliable resource employers utilize to get information about providers, so to receive such high marks in the survey is quite an achievement.

Schaub said the survey results validate the commitment BOK Financial has made to providing the highest level of service and results to employers and their employees. In fact, the survey results show 100 percent of BOK Financial clients are likely to recommend BOK Financial to others, with more than 88 percent saying they are extremely likely.

Retirement plans do more than provide financial security to retiring employees. They help an organization set themselves apart from their competition in recruiting talent, said Ken Etheredge, senior vice president, manager of retirement plan services. Providing the best plans with the best service helps our customers attract the best talent and do the best work.

BOK Financial ranked in the top 10 for average client participation rate, a measure of how many eligible employees are participating in their companys retirement plan.

Our strong participation numbers demonstrate were achieving our goals of communicating with and educating employees so they will make the decision to participate in the retirement plan, and feel confident in their choices, said Etheredge. We offer tailored solutions to our clients, including on-site meetings, one-on-one meetings, webinars and targeted communications. We want to prepare employees now to live comfortably in retirement.

Etheredge says BOK Financials excellent customer service means employers can focus on what they do best running their business instead of administrative or educational concerns related to their retirement plan.

BOK Financial received Best in Class awards in numerous categories. For participant services, the company was recognized for its participant call center, website functionality, online tools/services, participant statements, enrollment assistance, onsite meetings, range of investments and participant fee disclosure. For plan sponsor services, BOK Financial was recognized for its Form 5500 processing, compliance support/testing, legislative/regulatory updates, account team knowledge, staff consistency, plan design flexibility, fee cost-to-value and service responsiveness.

Schaub credits the many employees at BOK Financial who are involved in servicing and supporting retirement plans for the companys high rankings.

More here:
BOK Financial Ranks Among Top Retirement Plan Providers