Colorado State University’s Division of Human Resources has received a first place Eddy Award from the publication Pensions and Investments for the successful conversion of CSU retirement plans to Fidelity Investments last year.

CSU’s first place win was in the Conversions/403(b) Consolidations category for public institutions with more than 5,000 plan participants.

The Eddy Awards were created by Pensions and Investments 25 years ago to identify and reward best practices in providing investment education to defined contribution plan participants. The awards are judged by an independent panel of plan sponsors and consultants.

Last year, retirement accounts in the defined contribution plan, the 403(b) and the student retirement plan (in mutual funds with TIAA, Corebridge and Fidelity) were moved to investments in a new core menu, and services for CSU retirement accounts are now solely provided by Fidelity.

“This is a big deal, and I’m so proud of our team for earning this honor,” said Vice President for Human Resources Eric Ray. “Congratulations to all who worked on this initiative.”

“The team’s ability to consistently deliver outstanding project outcomes for plan participants showed in their work,” said Chief Total Rewards Officer Teri Suhr. “It was my pleasure to lead such a passionate team who went above and beyond every step of the way.”

Since its founding in 1973, Pensions & Investments has served as the international newspaper of money management. Written by a worldwide network of reporters and correspondents, Pensions & Investments’ coverage includes business and financial news, legislative reports, global investments, product development, technology, investment performance, executive changes, corporate governance and other topics crucial to the people who drive the world of professional money.