Tag: 401k

Nationwide Financial Services hired five Field Service Representatives (FSRs) for its private sector retirement plans sales force.

The former CEO of Leading Technology Services Corp. (LTS) was sentenced to prison and ordered to provide $57k in restitution to the company’s 401(k) plan participants.

C&K Market Inc. agreed to restore $3 million in cash plus interest and to sell property in order to make restitution for a series of imprudent loans made...

For the first time in five months, 401(k) participants’ asset transfers were equity oriented after a long run of being fixed-income directed, according to the latest Aon Hewitt...

ING DIRECT's ShareBuilder 401k expanded its profit sharing 401(k) plan to allow small-business owners to award different levels of contributions to their employees based on group-specific criteria.

Even though an ex-wife waived her right to her now-deceased ex-husband’s 401(k) plan savings, she is still entitled to the money, a federal judge in New Jersey has...

Nearly 30% of respondents indicated they failed to rollover their retirement savings into an IRA or new 401(k) because they are unsure about the rollover process according to...

A U.S. District Court jury found the former owner of a plumbing company in Texas guilty of embezzling from its 401(k) plan.

CPI Qualified Plan Consultants, a third-party recordkeeping and administration company, announced the addition of a third fixed-interest option from VALIC to the CPI platform.

Fidelity Investments has been chosen by AT&T as its sole retirement provider, Fidelity announced.

Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group, announced that Greg Libby joined the firm as regional sales director with the Defined Contribution /401(k) team.

The Hartford Financial Services Group, Inc. launched a new educational program to encourage participation in defined contribution retirement plans, in recognition of national Save for Retirement Week

Journal Communications, a Milwaukee-based media company, is freezing its defined benefit plan and boosting its 401(k) match, effective January 1, 2011.

A 401(k) provider has unveiled a bundled 100% index fund 401(k) program where employees pay only the expense ratios of the index funds.

BrightScope announced the launch of BrightScope Beacon, a fund-focused analytics software product designed to help defined contribution investment-only firms better understand the distribution of their funds within 401(k)...

Last week, I got an early morning call from my daughter. 

Wal-Mart Stores, the nation’s largest private-sector employer, plans to scrap its profit-sharing contributions in favor of a 401(k) match, according to a Bloomberg report.

A new study finds that auto-enrollment and auto-contribution escalation in 401(k) plans can result in a big improvement in retirement savings, depending on how they're implemented.

At the PLANADVISER National Conference in Orlando last month, three panelists discussed the retirement plan rollover market, with one saying it’s the perfect place to find “money in motion.”

The U.S. Department of Labor (DoL) has charged that a Laguna Hills, California, firm diverted more than $920,000 in employee and employer contributions owed to the company’s 401(k)...