News

A new program from Trucker Huss provides plan sponsors with a written opinion of counsel that their plan document, as amended after the date of their last IRS...

The IRS prohibits DB plans from paying lump sums to in-pay retirees and beneficiaries,” but many terminated vested participants will view lump sums as attractive.”

Forty-five percent of workers are not too or not at all confident they will have enough money for medical expenses in retirement, and nearly three in five workers...

Sixty percent of employees expressed at least some confidence in retirement, but their planning efforts and savings balances do not support this confidence level.

The IRS established recommendations, suggestions and tips on how plan sponsors can evade an overpayment of user fees; qualify for lower fee prices; and determine the correct user...

New offerings include ERISA 3(21) investment guidance services through Wilshire Associates and ERISA 3(38) investment management services through Mesirow Financial.

Pentegra Fiduciary SmartPath details each fiduciary role in a retirement plan and focuses on helping plan sponsors and advisers clarify the many nuances associated with fulfilling their obligations.

The generosity and functionality of a retirement plan tends to vary quite a lot according to the type of employer and industry. 

Two lawsuits filed against the company alleging a failure to prudently manage retirement plan investment and administrative fees have survived preliminary motions to dismiss. 

Market forces may drive some of the reforms the Department of Labor sought to achieve under the Obama presidency—but a cadre of investors also remains committed to commissions. 

The firm has been deemed liable for violations stemming from a “rushed” ESOP valuation—although some claims of wrongdoing leveled against the firm at trial were denied.

DB plan providers are enhancing participant and plan sponsor services, and innovating plan design.

The seminar will discuss understanding plan and fiduciary responsibilities; selecting and monitoring service providers; making timely contributions; and more. 

Pentegra Hires Regional Director; PSCA Establishes HSA Committee; Hub Califronia Hires Benefits Leader; and more

The new tool helps employers compare expenses such as administrative and fund-lineup fees against that of three major recordkeepers.

AARP finds this is especially true among different ethnic groups.

Investors had previously shown more interest in government funds due to money market fund regulation.

By studying millions of data points, the PruNow tool will seek to identify plan design inefficiencies and offer solutions, while projecting ROI.

New research suggests that total retirement assets in CITs have grown rapidly in the last few years and potential advantages can be very appealing for plan sponsors.

The company has seen an upsurge in new plans moving to fee-for-service categories.