Saint Anselm College Selects TIAA as Sole Recordkeeper

New York, May 31, 2017 — Saint Anselm College in Manchester, New Hampshire, has selected TIAA to be the sole recordkeeper of its 403(b) retirement plan, which includes approximately $80 million in total assets1.
With a single vendor model, Saint Anselm College can better manage its plan’s administrative requirements and reduce its costs by streamlining plan compliance, operations and enrollment processes.
“We found that using one provider would provide the college’s faculty and staff with a centralized source for their retirement needs,” said David Harrington, director of human resources at Saint Anselm College. “In addition, TIAA’s commitment to higher education, innovative technology and customer experience will help our employees plan for a secure financial future.”
“Leading a competitive request for proposal process, Cammack Retirement Group is proud to support Saint Anselm in the selection of their new retirement plan provider,” noted Kevin Murray, Director, Cammack Retirement Group. “The goal of the search and selection process was to provide Saint Anselm College’s retirement plan participants with administrative and investment cost savings, an improved communication and education program, a new best-in-class investment menu and a strong retirement plan provider committed to the success of employees.”
The new investment menu was carefully selected to provide diverse retirement portfolio options to match employees’ investment goals. The lineup includes lifetime income options and a wide range of open-architecture mutual funds. In addition to a diverse investment mix, employees will have the ability to make Roth contributions to the 403(b) plan with after-tax dollars.
As part of the plan services, faculty and staff have the ability to receive fund-specific advice and education in line with their unique financial needs. In addition, more than 12 group meetings were conducted in March 2017, and TIAA representatives provided counseling sessions for more than 150 employees during the plan transition. TIAA also is providing outsourced recordkeeping functions, including collecting electronic salary deferrals, preparing the college’s Form 5500, providing fee disclosure mailings and approving loans.
“We look forward to serving Saint Anselm with comprehensive retirement planning services,” said Ron Pressman, CEO of Institutional Financial Services at TIAA. “TIAA is focused on outcomes, and we look forward to helping faculty and staff achieve a successful retirement.”

About TIAA

TIAA ( is a unique financial partner. With an award-winning  track record for consistent investment performance, TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. TIAA has $938 billion in assets under management (as of 3/31/20173) and offers a wide range of financial solutions, including investing, banking, advice and guidance, and retirement services.

About Saint Anselm College

Founded in 1889, Saint Anselm College is a four-year liberal arts college providing a 21st century education in the Catholic, Benedictine tradition. Located in southern New Hampshire near Boston and the seacoast, Saint Anselm is well known for its strong liberal arts and nursing programs as well as for the New Hampshire Institute of Politics .

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1 As of 4/19/17

2 The Lipper Large Fund Award is given to the group with the lowest average decile ranking of three years' Consistent Return for eligible funds over the three-year period ended 11/30/12 (36 fund companies), 11/30/13 (48), 11/30/14 (48), 11/30/15 (37) and 11/30/16 (34) with at least five equity, five bond or three mixed-asset portfolios. For the Mixed-Assets category, TIAA ranked against 39 and 36 fund families for the three-year period ended 11/30/15 and 11/30/16, respectively. Note these awards pertain to mutual funds within the TIAA-CREF group of mutual funds; other funds distributed by Nuveen Securities were not included. From Thomson Reuters Lipper Awards, © 2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. Past performance does not guarantee future results. Certain funds have fee waivers in effect. Without such waivers ratings could be lower. For current performance, rankings and prospectuses, please visit the Research and Performance section on TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, members FINRA and SIPC, distribute securities products. A detailed awards methodology can be found at
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