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SEI Defined Benefit Client Recognized With Leading Plan Design Award
Date:10/14/2009

OAKS, Pa., Oct. 14 /PRNewswire-FirstCall/ -- SEI (Nasdaq: SEIC) today announced that one of the company's institutional clients -- Meda Pharmaceuticals -- was recognized with the "Solutions Superstar" award by EmployersWeb. The award honors Meda for their outstanding and innovative defined benefit plan management including asset allocation changes and strategies aimed at matching the duration of invested assets with the plan's liabilities.

The Solutions Superstar for Most Innovative Plan Design from EmployersWeb.com recognizes the strongest examples within corporate America of excellent plan design management. Meda was honored with the award, in part, because it successfully met its goal of providing stability and predictability to its plan contributions. The company implemented a dynamic investment management strategy designed to proactively evaluate asset allocations and utilize investment products aligned with their organizational goal of minimizing contribution volatility.

"Meda Pharmaceutical's pension and finance professionals should be commended for their strategic decision-making," said Roger Messina, Vice President and Managing Director, Relationship Management for SEI's Institutional Group. "Their vision for creating stability in their defined benefit pension plan is a model for others to follow. SEI is proud to partner with Meda in helping improve their financial management of the plan and we applaud their efforts."

For more information about the Solutions Superstars Awards, please visit www.employersweb.com.

About SEI's Institutional Group

SEI's Institutional Group delivers integrated healthcare, retirement and nonprofit investment solutions to over 500 global institutional clients (of which 340 are U.S. based)
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SOURCE SEI
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