2015 Spark Award Recipients
CENTURION’s HAGENEY and BRODERICK RECEIVE 2015 SPARK AWARD
Plymouth Meeting, PA, November 9 – Jim Hageney and Kevin Broderick from The Centurion Group, LLC, a retirement plan advisory and consulting firm, received an award for Innovation in Plan Design & Administration from The SPARK Institute, a non-profit organization representing the retirement services industry. Mr. Hageney and Mr. Broderick are co-founders and co-managing partners of The Centurion Group. Centurion helps clients design and maintain retirement plans helping participants successfully save for retirement, while reducing fiduciary exposure and administrative burdens. When asked why they were nominated for the Innovation & Plan Design Award, David Musto of Empower Retirement replied, “Centurion has developed a new patent-pending proprietary software tool to better educate plan sponsors about Fee Levelization. This led many plans to transition away from investment menus with disproportionate revenue sharing to a lower cost institutional share class model”.
In addition to this award Jim and Kevin were named Top 100 Plan Advisor of the Year in 2013 and made Forbes Magazine’s “Top 50 Wealth Managers, Emerging RIAs in 2013”. Jim, Kevin and several of their colleagues at Centurion Group are consistently listed as 401kwire’s top 300 Most Influential plan advisors.
About The SPARK Institute
The SPARK Institute represents the interests of a broad-based cross section of retirement plan service providers and investment managers, including members that are banks, mutual fund companies, insurance companies, third party administrators, trade clearing firms and benefits consultants. Through the combined expertise of its member companies, the Institute provides research, education, testimony and comments on pending legislative and regulatory issues to members of Congress and relevant Government agency officials. Collectively, its members serve approximately 80 million participants in 401(k) and other defined contribution plans.