Prudential offering small business plans
November 2, 1998
Prudential Investments is teaming up with BISYS to provide two new retirement plans for small businesses.
The two new products, Prudential 401(k) for Emerging Businesses and the Prudential 401(k) Discovery Select Group Retirement Annuity for Emerging Businesses, will be sold to businesses with less than $1 million in retirement assets and between five and 10 employees. The products were developed in alliance with BISYS Plan Services, a division of the BISYS Group of Little Falls, N.J.