Tag: Plan design

Mohegan Sun Casino Stops Match

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.

Louisville Bank Ups 401(k) Match

In contrast to most recent news reports regarding employer matching contributions, Louisville, Kentucky-based Republic Bank has increased its 401(k) match.

NCR Reduces 401(k) Match

An unconfirmed memo by NCR Corp.’s CEO said effective immediately the company will reduce its employer match for 401(k) plan participants.

IMHO: Trend Spotting

Here’s a headline you won’t see this week: “Nobody Cut Their 401(k) Match Today.″

Small Biz Owners Shy From 401(k)

A recent survey of small business owners by SurePayroll found that only one-third of small businesses currently offer 401(k) plans to their employees, and 45% of small business owners do not offer any type of retirement savings plan.