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Aon Hewitt Recognized as Top DB Provider by PLANSPONSOR Magazine
Aon Hewitt Ranks First in Four Major Categories
Lincolnshire, Ill.
NYSE: AON

LINCOLNSHIRE, Ill., February 22, 2011 - Aon Hewitt, the global human resources consulting and outsourcing business of Aon Corporation (NYSE: AON), announced that it ranked first in four major categories including "Total Defined Benefit Plans" and "Total Defined Benefit Participants," in PLANSPONSOR's 2010 Defined Benefit Administration Survey.

PLANSPONSOR magazine recently surveyed providers of defined benefit (DB) recordkeeping services, with 28 providers completing the survey. The questionnaire consisted of approximately 100 separate data points related to providers' experience and capabilities, including the overall scope of the business, the types of clients and plans served and their product or service capabilities. In addition to ranking first in four categories, Aon Hewitt was in the top three in two other categories. 

Aon Hewitt Ranking

 

Rank

Category

1

Total DB Plans

1

Total DB Participants

1

Most DB Participants Added

(from 6/2009-6/2010)

1

Number of NQDB Plans

3

Number of Traditional DB Plans

3

Number of Cash Balance/Hybrid Plans

 

"Serving more than 350 plan sponsors and more than 9 million participants, the expectations are high, and our clients count on us to deliver quality service, no matter the complexity of the plans," said Pat Quenan, defined benefit practice leader at Aon Hewitt. "We're thrilled to be recognized by PLANSPONSOR as the largest provider of defined benefit administration services, and will continue to work with our clients to enhance our solution for the benefit of their participants."

Aon Hewitt has more than 30 years in the DB administration business and supports more than 1,600 plans across its client base.
 

 

About Aon Hewitt

Aon Hewitt is the global leader in human resource consulting and outsourcing solutions. The company partners with organizations to solve their most complex benefits, talent and related financial challenges, and improve business performance. Aon Hewitt designs, implements, communicates and administers a wide range of human capital, retirement, investment management, health care, compensation and talent management strategies. With more than 29,000 professionals in 90 countries, Aon Hewitt makes the world a better place to work for clients and their employees. For more information on Aon Hewitt, please visit www.aonhewitt.com.

About Aon

Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human resources solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120 countries. Named the world's best broker by Euromoney magazine's 2008, 2009 and 2010 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in 2008 and 2009. A.M. Best deemed Aon the number one insurance broker based on revenues in 2007, 2008 and 2009, and Aon was voted best insurance intermediary 2007-2010, best reinsurance intermediary 2006-2010, best captives manager 2009-2010, and best employee benefits consulting firm 2007-2009 by the readers of Business Insurance. Visit http://www.aon.com for more information on Aon and http://www.aon.com/manchesterunited to learn about Aon's global partnership and shirt sponsorship with Manchester United.

 

# # #

Media Contacts:
MacKenzie Lucas
847-442-2995
mackenzie.lucas@aonhewitt.com
 

Joe Micucci
312-381-4786
joe.micucci@aonhewitt.com
 

 

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