Tag: Defined contribution

Clarifying regulations could help plan sponsors choose plan investments, the GAO says.

A safe harbor plan requires an initial plan year that is at least three full months, making October 1 the effective deadline for creating a new plan in...

A health care company filed no annual reports, did not perform valuations and took more than $1.6 million in improper distributions in violation of ERISA, the DOL alleges.

However, 46% say it is difficult to save any additional funds.

The last full week of August was a test of will for retirement plan participants. Many buckled under the pressure.

However, only 23% of small plans permit participants to contribute immediately to their 401(k).

A big market with needs to match, the small 401(k) plan market is fragmented and lucrative.

Participants view their 401(k) as an essential workplace benefit.

They now comprise 28% of all defined benefit plans.

Advisers can differentiate themselves by showing DC plan sponsors how alternatives can help and how to include them in fund menus.

Plaintiffs in the case allege that Boeing breached ERISA fiduciary duties by permitting excessive fees to be charged to 401(k) plan participants.

401(k) participants invested in equity mutual funds pay less than half the amount of expenses for a retail investor.

Only 19% have increased their contributions in the past year.

The majority are open to automatic enrollment and escalation.

Significant attention is building around public-sponsored retirement plans for private-sector workers, but what will these plans mean for established industry providers?

In a conversation with PLANADVISER, Russell Investments’ chief research strategist suggests momentum is building for “open” multiple employer plan expansion.

The median savings rate for non-highly compensated employees increases to 5.9%.

There is perhaps no better venue than a marathon Labor Department hearing to show what practices and beliefs most divide an industry.

The IRS says the webcast will reveal what it’s learned from compliance activities.

Large data set reveals U.S. workers are engaged in their DC plans and are taking their individual responsibility for saving seriously.