Tag: Plan design

Particularly in the small-plan market, retirement plan providers are seeing more business come through third-party administrators (TPAs)—and, as a result, are ramping up their efforts to attract TPAs.

Bank of America Merrill Lynch is introducing a tool to its 401(k) plan sponsor clients designed to monitor and score the "financial wellness" of employees enrolled in their...

Foxwoods Resort Casino is suspending its 401(k) match for hourly employees to help offset a 2.5% salary hike for nonunion workers, according to a media report.

A study affirms the idea that defined contribution (DC) plans could end up with differing plan design features and results depending on the choice of service providers such...

Less confident of their employees’ ability to sock away a sufficient retirement nest egg, mid- to large-sized companies in a new Hewitt Associates survey said they plan to...

A recent study suggests liquidity concerns—and not profitability concerns—was the reason many firms suspended their retirement plan match contributions during the recent economic crisis.

A new guide from The Principal shows how 10 companies protected their financial security during the economic downturn by helping protect the financial security of employees.

Most American workers feel unprepared for retirement and are open to making changes to retirement plans, such as implementing automatic features, according to a new survey by Prudential...

It is a long-accepted tenet that most retirement plan participants want—and need—help to make good investment decisions, and a new study suggests that it makes a difference.

Research from the Employee Benefit Research Institute (EBRI) found that employers adopting automatic enrollment in their 401(k) plans have also generally increased the employer match to participants' accounts—in...

WACO Community Schools of Wayland, Iowa, will continue offering the state’s 403(b) retirement plan to employees, after staff spoke out against its elimination.

Defined contribution (DC) plan sponsors said reviewing plan-related expenses was the most important fiduciary action they took over the past year, according to a Callan Associates survey.

With the prospect looming of the imposition of a federal medical device tax, an Elyria, Ohio, home-health products firm has suspended its 401(k) match and taken other cost-cutting...

Employees of a Georgia county near Atlanta have had their 401(k) employer match cut back as part of a broad cost-cutting effort.

Despite the continued popularity of automatic enrollment among 401(k) plans, research suggests automatic enrollment might work against the long-term goal of increasing workers’ retirement savings by helping bring...

Employers are not only urging employees to join their retirement savings plans, but a new study indicates more companies are allowing workers to get started right away.

Salt Lake City-based Intermountain Healthcare will resume and increase its contributions to employee 401(k) retirement savings plans next month, but the company is ending part of its traditional...

Still cautious about a slow U.S. economic recovery, package shipper FedEx Corp. announced it would reinstate half of its 401(k) match as well as its merit salary increase...

Eastman Kodak workers recently got some good news.