Concrete Tie Industries Inc. chose MassMutual's Retirement Services Division as the recordkeeper for its 401(k) retirement plan. The plan has about 42 participants and more than $2.4 million in assets.
Concrete Tie Industries is headquartered in Compton, Calif.
"MassMutual stood out as a clear choice following our diligent search for a new retirement plan provider due to the firm's competitive fee structure and flexibility of investment options," said David Tuebner, CFP, vice president with Morgan Stanley Wealth Management, who assisted with the search. "Another key differentiator was MassMutual's strong commitment to participant education, and Concrete Tie Industries, Inc. could not be more pleased with the prompt deployment of group and personalized one-on-one educational meetings with employees."
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