The October 2008 Issue Brief from the Employee Benefit Research Institute (EBRI) indicates that workers with lower educational attainment have lower levels of retirement plan participation.
Tag: Enrollment participation
In keeping with trends across the industry, Prudential Retirement saw participants in its plans moving away from equities in the latter part of 2008.
Participants in defined contribution plans might benefit from re-enrolling into a qualified default investment alternative (QDIA), according to a Vanguard study.
In order to encourage Americans to make saving for retirement an everyday event, the government is set to dedicate a whole week to it.
Motivating employees to participate in the plan requires creative strategies—from serving cookies to visiting the oil rig where they perform their job.
401(k) plan sponsors have a genuine interest in helping participants, says Cynthia Egan, President of T. Rowe Price Retirement Plan Services.
The past year has brought with it an extraordinary amount of change to our industry.
Advisers predict that auto enrollment and auto deferral increases are the two principal features most likely to shape the retirement marketplace over the next three years.
The future of retirement plans may lie in automated savings arrangements, but that can’t be the only means of improving participation and employee engagement.
An anticipated 20% increase in defined contribution (DC) participants between 2007 and 2011 means a pool of 9.6 million people with potential questions regarding their plan, according to a new research report.
A new Hewitt Associates study of large US company retirement plans found that 43% offer, or are very likely to offer, third-party investment advisory services in the coming year.
Fidelity Investments is testing a new feature under which older participants already contributing at or close to the maximum to their 401(k) plans can "automatically" catch up.
Two-thirds of America’s youngest workers say they would be “grateful″ and “optimistic″ if their employer automatically enrolled them in the company’s defined contribution plan, according to a new poll.
While there has been a lot of talk the past year about the need to boost participation and deferrals, we don't seem to be making much progress.