Weekday news and analysis for retirement plan advisers
Tuesday, June 24, 2025
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Automatic Plan Features Help Participant Savings Rates Stay Resilient in 2024, Says Vanguard
The average 401(k) deferral rate was 7.7% in 2024—an all-time high and nearly one percentage point higher than the 6.8% rate one decade ago.
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401(k) Forfeiture Complaint Against Wells Fargo Dismissed
The District of Minnesota ruling, released June 18, closely resembled the dismissal of an ERISA complaint against J.P. Morgan on June 13 in Los Angeles.
Today’s Most Read
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Supreme Court Seeks Input from Solicitor General in 401(k) Fees Case
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Cetera Launches Alternative Investments Allocation Models for Advisers
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Parties Agree to $48.5M Settlement in Pentegra Fiduciary Breach Case
The Math Behind Why the Senate Tax Bill Seems Cheaper Than House Version
Even though both bills share many provisions, the estimates from the congressional Joint Committee on Taxation are based on different accounting methods.
Large Plan Sponsors Highly Satisfied With Advisory Services
Nearly all plan sponsors surveyed by Callan offer some form of investment guidance to participants.
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