Zenith Awarded Trust Administration Oversight Services Contract by Electrical Workers Local Union No. 369 Benefit & Retirement Funds through December 31, 2011
Date: December 30, 2010
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Louisville, KY. – Zenith Administrators announced that the Electrical Workers Local Union No. 369 Benefit & Retirement Funds selected Zenith Administrators to provide management oversight and training for their self-administered plans. Zenith has teamed with the Trustees and Plan Professionals to train employees on new administration systems and to improve the overall administration efficiency of the Funds.
A team of professionals from Zenith’s Louisville and St. Louis offices, led by Star Raines, Client Services Manager, is working with the IBEW Local 369 office staff to provide employee training on new systems, as well as general administrative oversight of the office.
Tom Rhodes, North Central Region Vice President, said, “The Electrical Workers Local 369 Plans are benefitting from Zenith’s experience in managing multiple plans, as well as our experience with computer systems.”
IBEW Local 369 serves over 2,600 members representing workers in all aspects of the electrical industry including construction, maintenance, manufacturing, broadcasting and more.
Bill Finn, President of IBEW Local 369 said, “Our Trustees, plan professionals and staff have appreciated the attention, dedication and responsiveness by Zenith in their oversight and training role, and we look forward to their continued professional service.”
Zenith has been providing quality administrative services since 1944. Zenith manages health and pension plans as a third party benefits administrator (TPA) serving 500,000 health plan members, managing 5.3 million claims each year and 167,000 retiree pensions for labor unions, trade associations, government entities and corporate employers.