New York Life Insurance Company received the highest level of satisfaction from employers for its 401(k) plan service, according to a recent survey from 401kExchange.

On a scale from one to five, New York Life received a ranking of 4.23 to lead all large providers with assets in the $10 million to $100 million range. With a score of 4.19, four companies tied for second place: the Vanguard Group, Manulife Financial, Massachusetts Financial Services and Massachusetts Mutual Life Insurance Company.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.