New York Life Retirement Plan Services Wins Best Overall 401k Plan Communications Award From Mutual Fund Education Alliance

WESTWOOD, Mass., Nov. 21, 2011 /PRNewswire/ -- New York Life Retirement Plan Services (New York Life), a leading provider of retirement solutions to U.S. corporations and unions, is pleased to announce that the Mutual Fund Education Alliance (MFEA) has awarded New York Life the 2011 award for "Best Overall Communications" to 401k plan participants.  New York Life also won in this year's STAR Awards ceremony for plan conversion communications, participant program campaign and special communications.

New York Life Retirement Plan Services won best plan participant program campaign for its clients: Resorts International, the gaming, resort and hotel operator; best plan conversion communications for Owens-Illinois, Inc., the world's leading glass packaging manufacturer; and best special communications (plan participant) for Staples, the global office supply retailer.

"We are delighted to achieve this industry recognition for communications campaigns designed to move participants closer to their retirement goals," said Peter Kooken, director of marketing for New York Life Retirement Plan Services. "It is an honor to be recognized by our peers."

The MFEA, in which members also serve as peer judges, announced the winners of this year's awards at a ceremony in Chicago in late October.

Now in its 15th year, the STAR Awards program continues to distinguish itself as the premier fund industry competition. The Mutual Fund Education Alliance is a national trade association of mutual fund firms providing a unique forum to exchange ideas and discuss issues that help make their businesses successful. Since 1971, the MFEA has been dedicated to providing information and educating the investing public about how to achieve important lifetime goals using mutual funds.

About New York Life Retirement Plan Services

New York Life Retirement Plan Services offers bundled retirement plan solutions and defined contribution investment only products throughout the United States. New York Life Retirement Plan Services, a division of New York Life Investments, administers $35 billion in bundled retirement plans as of September 30, 2011. With offices in Westwood, Massachusetts, Parsippany, New Jersey, and San Francisco, New York Life Retirement Plan Services is widely recognized for its leadership within the retirement plan industry.

About New York Life Investments

New York Life Investments ranks among the largest asset management firms in the United States[1]. Through its multiple boutique management structure, New York Life Investments offers access to leading institutional managers that drive performance. Through MainStay Investments and NYLIFE Distributors LLC, New York Life Investments provides access to some of the most highly regarded mutual funds and wrap accounts in the industry. Together with its affiliates and over 1,400 employees, New York Life Investments manages over $297.5 billion in assets as of September 30, 2011. New York Life Investments is a leading provider of retirement plans for corporations, multi-employer trusts, and individuals, and is recognized as one of the nation's top providers of guaranteed products to both the qualified and non-qualified markets.

"New York Life Investments" is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.

New York Life Insurance Company, New York, New York

[1] Source: Pensions & Investments, May 31, 2011

SOURCE New York Life Retirement Plan Services