Hartford Healthcare has consolidated 20 defined retirement plans to Hartford’s Prudential Retirement, the companies announced.
The healthcare system, which has five acute-care hospitals, has 16,000 participants and $350 million in retirement plan account assets.
Prudential already had some of the system’s retirement business. It previously managed five plans for the Central Connecticut Health Alliance, which was later acquired by Hartford Healthcare.
As of Dec. 31, 2013, Prudential Retirement had $322.9 billion under management.
