![]() ![]() When dividing a defined contribution plan, the Alternate Payee is typically awarded a portion of the Participant's account balance as of a specific date (the "Valuation Date" or "Assignment Date"). A division of this type of account must be done by way of a Qualified Domestic Relations Order (QDRO). ![]() Examples of this plan type are Employee Stock Ownership Plan (ESOP), Profit-Sharing Plans, 401(a), Savings Plans and 401(k). ![]() Regular contributions are then made by the Employer, the Participant, or both. Typically, a Company Sponsor (Employer) of this type of plan creates an account for every individual Participant. “It is also a great fit for a boutique company made of international talents passionate about travel and data to team up with a large and respected global marketing firm that has always had data in its DNA.MMGY GLOBAL, LLC 401(K) PLAN is a DEFINED CONTRIBUTION PLAN. Through the MMGY Global investment in TCI Research, we bring our clients unrivalled research solutions that can connect the dots for their data-driven decision making. Henry-Biabaud said: “We are absolutely thrilled to join the MMGY Global family. “With the addition of MMGY TCI Research, we can increasingly do this on a global scale.” Katie Briscoe, chief executive at MMGY Global, said: “Never before has the need for research, data and insights to build a solid foundation in marketing and communication strategies been greater. ![]() Olivier Henry-Biabaud, founder at TCI Research, and long-time partner Emmanuel Meunier will remain at MMGY TCI Research with Henry-Biabaud as partner and managing director, and Meunier as senior vice-president, Europe. The deal will see MMGY Global expand its employee numbers to 550 worldwide and 12 offices, with other bases in the UK, US and Canada. The acquisition will enhance MMGY Global’s travel intelligence capabilities and expand its presence in Europe, with offices in Paris and Brussels, with TCI Research rebranded as MMGY TCI Research. FRANCE/US – Travel and hospitality marketing firm MMGY Global has acquired data intelligence business for the travel and tourism sector TCI Research for an undisclosed amount. ![]()
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