PSNC 2020: Recalibrating Retirement Plans – Looking Back, Thinking Forward

Mike Domingos is a senior vice president head of Sales & Strategic Relationships within Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), and a leading provider of defined contribution, defined benefit, nonqualified deferred compensation plan administration, and institutional investment and risk management services. In this role, Domingos leads national sales, including full service corporate, tax exempt, pension risk transfer, investment-only and nonqualified sales, plus the channel management team responsible for developing and implementing Prudential Retirement’s channel strategy. Channel management focuses on strengthening relationships with key intermediaries (consultants, advisors and third-party platforms). Previously, Domingos was responsible for leading distribution teams, nationally. This included the development and execution of the distribution strategies for institutional risk management, stable value investment management as well as national account qualified and nonqualified plan services. Domingos entered the financial services industry in 1993, when he joined Prudential and has held a number of leadership roles. He has a Bachelor of Science degree in business administration from the University of Hartford and is a Series 6, 7, 24, and 63 registered principal. He volunteers his time to several charitable organizations including having served on the host committee for UNICEF Chicago, and through participation in Red Cross, Habitat for Humanity, and the United Way efforts.

For more than 30 years, Bruce has been helping plan sponsors strengthen their employee retirement plans. He focuses his practice on delivering insights and results in three key areas within corporate retirement planning: sponsor and participant success, investment counseling, and fiduciary guidance. He provides in-depth knowledge and experience to retirement committees with a well-documented process designed to help them comply with fiduciary responsibilities and optimize participants’ retirement outcomes. To Bruce, advising a 401(k) plan is not just about investments and fees. It’s about people, families and helping them feel confident about their future. Bruce holds a B.S.B.A. Accounting from Marquette University and Series 7, 63 and 65 licenses. Outside the office he gratefully served as Chairman of the Investments Committee of Junior Achievement of Wisconsin. Bruce also enjoys speed skating and is an International Starter. He is one of just 24 individuals who qualify to be a Starter at the Olympic Games.

Brian has been with Dawn Food Products for 13 years. Dawn Food Products, Inc. Under Brian’s leadership, Dawn was recently recognized by Pension and Investments as Pensions & Investments Eddy Awards and a finalist of the 8th annual Excellence and Innovation Awards. In 2015 and 2016 a finalist for the PLANSPONSOR Magazine Plan Sponsor of the Year Award. In 2016 a winner of the PLANSPONSOR Magazine Plan Sponsor of the Year Award. Dawn was recognized by Employee Benefit News as the 2015 Judges Choice Benny Award winner. Dawn was recognized by Marsh & McLennan Agency LLC (and has earned TrendBender status (keeping the average cost increase near 0%) for 8 consecutive years and Brian has 29 years of experience in Human Resources and has expertise in Business Integration, Human Resource Technology, Employee Relations, Organizational Development, Payroll, Compensation, Benefits, Business Operations, Payroll and Change Management. Prior to joining Dawn, he has held positions at Trinity Health, Accenture (Anderson Consulting) American Axle and Manufacturing, Inc. Brian is a strong believer in giving back to the community and is a member of the Management Department External Advisory Board and guest speaker at his alma mater. He is a Scoutmaster and a former Order of the Arrow advisor with the Boy Scouts. Brian has a B.A. degree from Eastern Michigan University, where he majored in Human Resources.

Marc Howell, FSA, EA, Vice President – Custom Retirement Solutions, has over 20 years of experience working with sponsors of defined benefit and defined contribution plans. He leads a team of consultants tasked with providing custom design solutions within the defined benefit, defined contribution, and non-qualified markets.

Leveraging Big Data, Marc has led development of multiple proprietary capabilities within Prudential. These capabilities focus on predicting human behavior to allow for the creation of retirement designs which deliver the best possible outcomes for both employees as well as employers. He has redesigned retirement programs for numerous plan sponsors across the U.S., ranging from retail, manufacturing, healthcare, utilities, higher education, and professional services organizations.

Marc’s innovative approach to plan redesign won his clients 1st place in the PSCA Signature Awards, for both 2013 and 2015. Additionally he has spoken at numerous industry events and been interviewed multiple times on the topics of Big Data analytics, plan design and retirement program ROI.

In 2017, Marc was named a “Top 25 Rising Star in Retirement under 40” by LIMRA.

In 2019, Marc was issued a patent as co-inventor of a predictive modeling capability for retirement plans.

Marc was a Joseph Wharton Scholar at the University of Pennsylvania's Wharton School of Business, where he graduated with a B.S. in economics. He is a Fellow in the Society of Actuaries, a Member of the American Academy of Actuaries, and an Enrolled Actuary.