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Voya Financial to administer retirement plans of 4 private education clients

Voya FinancialInc. has earned the business of four private education institutionsand will serve as record keeper for their individual retirement plans.

The plans, when combined, represent more than $71 million intransferable assets and approximately 1,200 participating members.

Voya will provide administrative and recordkeeping services forUniversity of Rio Grande's 401(k) plan, which has approximately $10 million in transferableassets and more than 170 participants; Texas Wesleyan University's 403(b) and 401(a)plans, which have approximately $25 million in transferable assets and nearly 500participants; The Episcopal School of Dallas' 403(b) plan, which has approximately$32 million in transferable assets and more than 450 participants; and ShulamithSchool for Girls' 403(b) plan, which has approximately $4.2 million in transferableassets and 75 participants.

Voya will also provide decision-making and planning tools, on-sitesupport to participants through its team of local financial advisers, and communicationand education programs.