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NEWARK, N.J.--([ BUSINESS WIRE ])--Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), today announced it has been selected by four new plan sponsor clients to help place their employees on a secure path to and through retirement.

"We are pleased these new clients chose Prudential Retirement to fulfill the retirement solutions and service needs to help their employees retire with certainty and security"

The new clients include Dallas, Texas-based Clampitt Paper. On Feb 1, the plan sponsor moved its $18.3 million plan to Prudential Retirement. Piers Hurley, was the UBS advisor to the deal.

aWe are pleased these new clients chose Prudential Retirement to fulfill the retirement solutions and service needs to help their employees retire with certainty and security,a said George Castineiras, senior vice president, Total Retirement Solutions, Prudential Retirement.

Fort Worth, Texas-based high-end luxury travel agency Virtuoso, whose plan has roughly $13 million in assets, joined Prudential on April 2. aPrudential has the talent, resources and the technology to create innovative solutions that reduce expenses and maximize administrative efficiency while also offering a abest-in-classa investment platform,a said David Test, advisor with Northwestern Mutual and advisor to the deal. "By moving the Virtuoso 401(k) Profit Sharing Plan to Prudential, we combined the record keeping functions and the administrative duties with one provider and eliminated the need for a Third Party Administrator," says Lisa Burger, Sr. Human Resources Manager for Virtuoso. "Prudential is able to provide us with lower fees and streamlined processes, saving both the participants and the company money. Plus, they offer a well-balanced and varied array of investment options, as well as user friendly and useful web tools for participants. We feel that this move will provide Virtuoso's employees with a better opportunity to earn money for their retirement."

On April 16, Fisher Auto Parts, based in Staunton, Va. notified Prudential that its $18 million retirement plan assets would be moved to Prudential Retirementas full service retirement solutions platform. Beryl Ball, an advisor for CAPTRUST Financial Advisors in Richmond, Va., was the advisor to the deal.

Houston, Texas-based bulk transportation and logistics provider, Trimac Transportation, selected Prudential Retirement and finalized the consolidation of their plans that began last year to Prudential in Feb. John Ellis, Mercer DC Advisors, was the advisor to the $24 million plan.

Prudential Retirement delivers retirement plan solutions for public, private, and non-profit organizations. Services include state-of-the-art record keeping, administrative services, investment management, comprehensive employee investment education and communications, and trustee services. With over 85 years of retirement experience, Prudential Retirement helps meet the needs of over 3.6 million participants and annuitants. Prudential Retirement has $229.5 billion in retirement account values as of December 31, 2011. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company(PRIAC), Hartford, CT, or its affiliates.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $901 billion of assets under management as of December 31, 2011, has operations in the United States, Asia, Europe, and Latin America. Prudentialas diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudentialas iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit [ http://www.news.prudential.com/ ].

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