ARP, 403(b), and 457(b) Vendor Transition

Effective May 4, 2022, Kent State University offers four vendor choices for all future contributions to the Alternative Retirement Plan (ARP), the 403(b) Plan, and the 457(b) Plan.

Beginning May 4, KSU offers four vendor choices for all future contributions to the ARP, the 403(b), and the 457(b) plans: AIG (also known as VALIC), Equitable (also known as AXA), TIAA, and Voya.

All previous contributions can remain with your current vendor if you so choose.

The four remaining vendors will offer three tiers of investment choices.  Tier 1 will provide a Target Date Fund (based upon your current age and your estimated retirement age).  Tier 2 will offer both passive and actively managed mutual fund choices across all major asset categories and will include many recognized major mutual fund providers.  Tier 3 will allow you to choose preferred investment fund choices through a brokerage window, although there may be higher fees associated with this option.

Group information sessions will be offered by the HR Employee Benefits Office/CAPTRUST on March 22, 23, and 24th.  Vendor-specific virtual group sessions will be provided by each continuing vendor the week of April 4. All sessions can be easily accessed from the “Vendor Virtual Group Meeting Schedule” shown above.  The continuing vendors will continue to have a presence on campus or virtually and can be contacted during normal business hours to set up individual sessions going forward. 

Below you will find the information for the four vendors, with their Transition Guides and contact information.

AIG (also known as VALIC)

AIG Retirement Transition Guide (PDF)

Customer Service: 1.800.448.2542 – Preferred number for existing AIG account holders

Enrollment Center: 1.888.569.7055 – Preferred number for assistance with new plan enrollments

Equitable (also known as AXA)
TIAA

TIAA Retirement Transition Guide (PDF)

Customer Service:    1-800-732-8353

To schedule an individual meeting with a TIAA representative, please call 1-800-732-8353 weekdays, 8 a.m. to 8 p.m. (ET), or visit www.TIAA.org/schedulenow.  You can get personalized retirement plan advice on the plans' investment options from a TIAA financial consultant.  In-person, phone and virtual sessions are available.

Voya