Tag: 401(k)
BenefitGuard Partners to Link Health Insurance and Retirement Savings
The strategic partnership with Spectra Benefits and Miller & Wade Group aims to helping employees view the HSA more like a retirement account for their health.
Guide Discusses Setting Up and Operating Automatic Enrollment 401k
The IRS document can be used by advisers in helping them educate plan sponsors about automatic enrollment 401(k) plans as well as to help plan sponsors set up...
Recordkeeper Not Liable for 401(k)'s Failure to Provide Financial Audit
In addition to imposing penalties for failure to provide requested plan documents to a 401(k) participant, a federal district court found the plan filed a simplified Form 5500...
Financial Engines and Xerox Questioned in ERISA Suit
The latest ERISA lawsuit to be filed targets Xerox and Financial Engines for advice arrangements negotiated between the firms and several Ford Motor Company retirement plans.
Resource Center Helps With Plan Sponsors' Safe Harbor 401(k) Decisions
ForUsAll's Safe Harbor 401(k) Resource Center includes a “Safe Harbor 101” handbook and a Safe Harbor Cost Calculator, among other things.
Educational Resources Offered to Retirement Plan Sponsors by IRS
The agency announced the availability of “Issue Snapshots” about tax-related issues for retirement plan practitioners.
Participants Are Getting Better At Using TDFs
More participants are putting all their assets in a single target-date fund—using TDFs as their designers generally intend.
Are 401(k) Plan Sponsors Still Focused on Helping Participants Retire?
While usage of automatic plan features is falling, there is more interest in offering managed accounts and investment advice, research finds.
PLANSPONSOR Retirement Plan Sponsor of the Year Deadline Approaches
This is a friendly reminder that 2017 PLANSPONSOR Retirement Plan Sponsor of the Year nomination forms are still available. Don't wait to nominate—time is running out!
Participants Move Quickly With Wells Fargo Stock Drop Suit
The bank’s recent troubles over illegal sales practices have led retirement plan participants to file an ERISA stock drop suit, claiming plan fiduciaries continued to offer Wells stock...
Too Little Risk Is a Dangerous Move for Retirement Savers
You can’t really call it a “safe” investment portfolio if it fails to generate enough return to reach an adequate savings level prior to retirement.
401(k) Participant Transfers Still Favoring Fixed Income
However, Aon Hewitt data shows new contributions continue to favor stocks, with 65.7% of employee contributions investing in equities—a slight increase from 65.6% in August.
Small 401(k) Faces Lawsuit Over Lack of Investment Diversification
The lawsuit notes that the plan's fiduciary ignored multiple suggestions to hire a professional to manage the plan's investments.
Second Circuit Affirms Fiduciary Liability for Poor Diversification
A concise example of summary judgement published by the 2nd U.S. Circuit Court underscores retirement plan fiduciaries’ absolute duty to diversify and carefully administer participant assets.
Does Brokerage Window Require Company Stock Offering Registration?
The SEC recently weighed in on whether offering a brokerage window in a 401(k) through which investments in employer securities can be made involves an offer of employer...
Alpine Trust & Investment Group Adopts PCS 401(k) Platform
The newly announced partnership between Alpine and PCS is an example of how recordkeeping providers are offering white-labeled platform options to support brand-conscious advisers.
PANC 2016: Top Trends
Two leading executives discussed the new fiduciary rule, retirement readiness, income and more.
Consistent 401(k) Savers More Likely to Reach Savings Goal
"By studying the experience of workers who participate consistently across several years, this study shows more accurately the extent to which steady, paycheck-by-paycheck saving and compounding investment returns...