Reliance Trust Company, a division of Reliance Financial Corporation, has introduced a new 401(k) plan aimed at plan sponsors with a minimum of $25 million in plan assets.
A new firm has formed with the goal of educating employees about their 401(k) retirement plans.
ijoin has introduced a new turnkey 401(k) enrollment solution it says will offer greater efficiency and effectiveness while helping participants make sound investment choices.
The Denver-based ePlan Services announced it has been selected by SunTrust Banks to help develop an online 401(k) for the small end of the retirement plan market.
Citing an “extremely tough business climate in 2009,″ Richmond, Virginia-based Media General said it will stop matching employee deferrals to its 401(k) retirement plans starting April 1.
Advanced Micro Devices Inc., a maker of computer chips, said it is suspending its 401(k) match because of a decline in demand for computers.
Upscale retailer Saks has joined a host of U.S. employers in suspending its 401(k) match as part of a broad $50-million to $60-million cost-cutting campaign that includes axing about 1,100 jobs.
The U.S. Department of Labor (DoL) and the Internal Revenue Service (IRS) released a new publication to help small employers understand automatic enrollment for 401(k) plans.
Auto-parts supplier Visteon Corp. announced it would suspend its 401(k) match as well as its salary increases in the face of slumping sales.
An Atlanta-based industrial-cleaning chemicals company became the latest employer to call a temporary halt to its 401(k) match in a cost-cutting drive.
The Mohegan Tribal Gaming Authority has announced it will suspend future annual and merit pay raises and stop company match contributions to its 401(k) retirement plans.
A New York oscilloscope maker is the latest employer to put its 401(k) match on hold as part of a cost-cutting effort.
A few decades ago, I suffered a nasty skiing accident.
In contrast to most recent news reports regarding employer matching contributions, Louisville, Kentucky-based Republic Bank has increased its 401(k) match.
Benefit Consultants Group (BCG) announced it is teaming up with Mid Atlantic Trust Company (MATC) to launch a bundled 401(k) platform offering exchange-traded funds (ETFs).
An unconfirmed memo by NCR Corp.’s CEO said effective immediately the company will reduce its employer match for 401(k) plan participants.
GateHouse Media has become the latest company to suspend its 401(k) match, according to a report in Editor&Publisher.
Sears has announced that it is suspending its 401(k) match for most employees of the giant retailer.
The latest 401(k) match to fall in recent months came at The Denver Post newspaper where managers and other non-union employees were informed their match would be suspended in 2009.
The Merrill Lynch Retirement Group reported that among the 1,700 plans on its proprietary recordkeeping system, almost 200 (12%) had added a Roth 401(k) option as of the end of March.