April 3, 2014

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

O.C. Tanner Leads Country in Employee Retirement Programs

Press Release

April 3, 2014

Salt Lake City – O.C. Tanner was recently recognized as the nation’s leading company for 401(k)-based employee retirement benefits due in part to a 96 percent employee participation rate and an average account balance of 60 percent more funds than other employees across the nation.

This recognition was given for companies with assets between $50 million and $1 billion by Plan Sponsor magazine, an industry-leading authority on retirement and benefits programs.  Plan Sponsor also recognized Google, Inc. as a leader in its respective size category with plans over $1 billion in assets.

O.C. Tanner employees have an average account balance of $145,000 and those 60 and older have an average balance of more than $290,000.  These figures compare with 2013 national averages of $89,300 and $165,000 for those on the verge of retirement and reflect a diverse workforce from gardeners and manufacturing team workers to information technology professionals and sales executives. 

“It’s not just the cause of the day; it’s a long-term focus,” said Charlotte Miller, senior vice president of people and great work.  “It’s a great benefit to talk about when we’re recruiting.  We also have a lot of long-term employees, and it’s our way of showing that we value that long-term experience here.”

Utah Business Social
UB Events View All
SAMY Awards 2015Utah Business Event
Jan 23, 2015
Utah Business magazine along with Presenting Sponsor: Griffin Hill, Premier Sponsors: The Summit ...
Forty Under 40 - 2015Utah Business Event
Feb 26, 2015
Utah Business Magazine along with Presenting Sponsors: Kirton McConkie, BIG-D Construction and Ma...
CEO of the Year 2015 ... NOMINATIONS NOW OPEN!Utah Business Event
Mar 31, 2015
CEO of the Year Nominations end - January 7, 2015. Visit: www.utahbusiness.com/nomination_item...
Community Events View All
Create Success: Intellectual Property Protection for Growth Technology Companies
Dec 31, 2015
This is a presentation by Michael Best, a major national leader in the commercialization of Intel...
Inbound Marketing SLC: Focus on Ecommerce
Dec 31, 2015
Come learn from four ecommerce experts how to grow your business through inbound marketing. Regis...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel