Miami Children’s Health System (MCHS) has been named Plan Sponsor of the Year by PLANSPONSOR magazine for offering comprehensive, competitive benefits and retirement plan options. Each year, the editors of PLANSPONSOR recognize leaders in retirement plan best practices that aim to provide more secure financial outcomes for U.S. workers.
“We are honored to be recognized for our commitment to the long-term financial well-being of our employees, who work to better the lives of children and their families. The health system advocates for our employees at all stages of life, including supporting our workforce in preparing for retirement,” said Michael Kushner, Senior Vice President & Chief Talent Officer for Miami Children’s Health System.
MCHS offers a competitive benefits and retirement 403(b) plan that includes automatic enrollment and re-enrollment, acceleration options and corporate matching. The health system has also improved efficiency in enrollment processes and cost management to reduce the financial impact to participants and the organization. We are thankful for our retirement partner, Prudential, who has supported us throughout this journey. As of 2017, more than 95 percent of MCHS’s 4,000 employees actively participate in the 403(b) plan.
About Nicklaus Children’s Hospital, Where Children Matter Most (2024)
Founded in 1950 by Variety Clubs International, Nicklaus Children’s Hospital is South
Florida’s only licensed specialty hospital exclusively for children, with approximately
850 attending physicians, including more than 500 pediatric subspecialists. The 307-bed
hospital is renowned for excellence in all aspects of pediatric medicine with many specialty programs
routinely ranked among the best in the nation by U.S. News & World Report since 2008. The
hospital is also home to the largest pediatric teaching program in the southeastern
United States and since 2003 has been designated an American Nurses Credentialing
Center (ANCC) Magnet facility, the nursing profession’s most prestigious institutional
honor. For more information, please visit www.nicklauschildrens.org.