MetLife Retirement & Savings, an administrator of defined benefit and defined contribution programs, has selected ADP Investor Communication Services to provide 401(k) print services for its small- and mid-sized clients.
ADP is providing two sets of 401(k) materials to MetLife, one called "Your Financial Future," based on traditional messages regarding retirement planning, and a second called "What's on Your Horizon," which includes inspirational messages.
ADP will provide information to MetLife via the Internet, which the administrator can then customize. This will save both MetLife and the end plan participants time and, ideally, make it easier for plan participants to make investment decisions, said Gerard Scavelli, senior vice president with ADP Investor Communication Services.
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