Tag: Defined contribution

Misrepresentations regarding climate change caused Exxon Mobil's stock price to be artificially inflated, the compliant says.

The program enables small businesses to offer their employees a plan for retirement with no administrative cost to the employer. 

The lawsuit claims retirement plan fiduciaries breached their ERISA duties by continuing to offer the fund, because it was not diversified.

In a comment letter to the PBGC, the ERISA Industry Committee also encouraged a different fee structure and incorporating electronic rollovers of claimed accounts into qualified plans.

A federal court judge found it implausible that signs of trouble in an underlying holding of one of Disney's retirement plan mutual funds triggered a duty for fiduciaries...

The WTIA's partnership with Empower Retirement enables employers to offload virtually all administrative tasks.

The agency announced the availability of “Issue Snapshots” about tax-related issues for retirement plan practitioners.

The agency has issued a List of Required Modifications (LRMs) and Information Package for use with prototype SIMPLE IRAs.

An analysis of DC participant distribution behavior supports the use of 'through' TDFs and the allowance of partial distribution options to help participants preserve their assets and develop...

While a report from the DOL shows increases in employers adopting both DB and DC plans and assets growing, it also indicates retirement plans are paying out more...

The deferral limit for defined contribution plan participants remains unchanged at $18,000.

Cashouts are the biggest portion of defined contribution retirement plan leakage, but what can be done?

The announcement impacts both IRAs and qualified plans. 

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! 

“On April 10 the focus will expand to cover IRAs and the burden will be on the advisers to prove the reasonableness of their fees,” notes Fred Reish...

These are a type of DB plan where the accrued benefit is tied to market performance.

Among mutual fund–owning households, more households headed by Millennials than Baby Boomer households held their funds only through employer-sponsored retirement plans, the Investment Company Institute found.

The firm wants to recognize the contributions and expertise of third-party administrators to the success of the DC retirement system. 

The IRS released results on two completed projects and announce a new one.

The complexity of explaining retirement income solutions to participants was one of several reasons defined contribution plan sponsors cited for not offering these options in their plans.