Morneau Shepell named one of the U.S.'s top defined benefit providers by PLANSPONSOR magazine

Morneau Shepell ranked as a top provider by HR and benefits magazine, PLANSPONSOR, and in the top five of total DB plan providers

TORONTO, June 18, 2015 /PRNewswire/ - Morneau Shepell Inc. (TSX: MSI), is pleased to announce it has been named one of the top five defined benefit (DB) pension plan providers in the U.S. by PLANSPONSOR magazine. The magazine, whose readers include HR, pension and benefits administrators, lists Morneau Shepell as the fourth largest DB provider in the U.S. and Canada with 773 plans under management.

"We are proud to offer best-in-class pension administrative services in North America," said Pierre Chamberland, Chief Operating Officer and Executive Vice-President of Administrative Solutions at Morneau Shepell. "Our strategic consulting and project management support of current and new clients allows us to give needed solutions to a still vibrant DB market.

PLANSPONSOR also ranked Morneau Shepell as the fifth largest administrator by number of DB plans won (39) in 2014, second by the number of DB plans administered in the public or government sector (199) and fourth in terms of DB participants (4,196,546) within their plans.

"We have been working and continue to work with state and local government entities on administering multi-employer plans with effective results," added Jim Kelly, Partner, U.S. Public Sector, with Morneau Shepell. "This is reflected in our ranking and is a testament to our investment and focus on this market. DB plans remain very much a part of the public sector. They will require dedicated support and experienced administration for years to come."

About Morneau Shepell Inc.Morneau Shepell is a North American company with global reach offering an integrative approach to health, benefits, retirement and employee assistance needs. In the United States, Morneau Shepell provides expertise in plan administration, retirement solutions and billing management with a highly flexible technology platform that improves its clients' performance. With nearly 50 years of experience, the Company has approximately 3,700 employees and serves approximately 20,000 clients ranging from health plans, small businesses, large corporations, associations, unions, and local and state governments.

SOURCE Morneau Shepell US