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Rating:JPMorgan Clinches a 401k Distribution Deal Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, March 20, 2008

JPMorgan Clinches a 401k Distribution Deal

News summary by MFWire's editors

JPMorgan Funds has inked a distribution deal with a retirement plan administrator. Great Bend, Kansas-based CPI Qualified Plan Consultants has made funds from JPMorgan available to its clients.


Company Press Release

NEW YORK, March 20 /PRNewswire/ -- JPMorgan Funds has announced that CPI Qualified Plan Consultants, Inc., a third party recordkeeping and administration company headquartered in Great Bend, Kansas, has added JPMorgan Funds to its retirement plan platform.

The CPI retirement plan platform offers defined contribution plan sponsors cutting edge technologies in a daily valuation environment, while preserving valuable plan design flexibility. The addition of JPMorgan mutual funds helps to provide greater investment choice and depth, as well as enhancing flexibility to defined contribution plan sponsors.

JPMorgan Funds is the 8th largest U.S. mutual fund firm, with over $300 billion in assets under management across every major asset class, market sector and geographic region. From core equity and fixed income strategies to alternative investments, JPMorgan Funds manages well over 100 mutual funds and separately managed portfolios to meet the sophisticated needs of its clients. JPMorgan Funds is the mutual fund arm of JPMorgan Asset Management, a global firm with over $1.1 trillion in assets under management. For more information about JPMorgan Funds, visit www.jpmorganfunds.com.

Since 1972 CPI Qualified Plan Consultants, Inc. has provided recordkeeping and administration services to qualified and non-qualified defined contribution retirement plans. With corporate headquarters in Great Bend, Kansas, CPI has 13 regional offices located throughout the United States. CPI currently partners with the nation's most prominent investment institutions and mutual fund companies to provide services to more than 3,000 retirement plan clients and their financial advisers. For more information about CPI services, visit www.cpiqpc.com .

JPMorgan Funds is the mutual fund unit of JPMorgan Asset Management. JPMorgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. Those businesses include, but are not limited to, J.P. Morgan Investment Management Inc., JPMorgan Investment Advisors, Inc., Security Capital Research & Management Incorporated and J.P. Morgan Alternative Asset Management, Inc. 

Edited by: Armie Margaret Lee


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