OREANDA-NEWS. Prudential Retirement announced today that it has added new plan sponsor client Eat'n Park Hospitality Group, Inc., a personalized dining and foodservice company. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE:PRU).

"We are thrilled that Eat'n Park chose to work with us," says Harry Dalessio, senior vice president, Sales and Strategic Relationships, Prudential Retirement. "Our business prides itself on the ability to deliver an integrated customer experience to plan sponsors in order to help them provide successful Day One retirement outcomes for their employees."

Eat'n Park Hospitality Group, Inc., has 4,900 plan participants in its defined contribution plans with USD 57 million in assets. Based in Pittsburgh, PA, Eat'n Park began as a single car-hop style restaurant in 1949. Since its inception, the company has grown into a portfolio of regional foodservice concepts focused on personalized dining. Today Eat'n Park serves more than 50 million guests every year in its restaurants, on college and corporate campuses, in retirement communities and hospitals, and in every state through its online store.

"We selected Prudential because of its proven experience in the defined contribution space and its ability to customize plans," says Lisa Harris, director, Benefits and Compensation at Eat'n Park Hospitality Group. "Their robust education platform for participants and administration capabilities enable us to confidently measure the overall success of the plan to ensure it is the right fit for our participants."

Megan Warzinski and Brendon Costa of Henderson Brothers Retirement Plan Services were the advisors to the deal and will provide ongoing consulting. The conversion date was August 1.

Prudential Retirement delivers retirement plan solutions for public, private, and non-profit organizations. Services include defined contribution, defined benefit and non-qualified deferred compensation record keeping, administrative services, investment management, comprehensive employee education and communications, and trustee services, as well as a variety of products and strategies, including institutional investment and income products, pension risk transfer solutions and structured settlement services. With over 85 years of retirement experience, Prudential Retirement helps meet the needs of over 4.0 million participants and annuitants. Prudential Retirement has USD 330.5 billion in retirement account values as of June 30, 2014. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford, CT, or its affiliates.