Tag: profit sharing plans

Compliance April 21st, 2020

Profit Sharing Plan Sponsor Accused of Imprudently Managing Plan Assets

Among other things, the plaintiff alleged fiduciaries of the plan were imprudent in their consideration of participants’ varying interests and needs in the plan’s allocation structure and investment choices.

Data & Research December 11th, 2018

PSCA Finds Improvements in 401(k) Plan Design

More plan sponsors are making Roth contributions available, automatic enrollment default deferral percentages are increasing, and company match formulas are becoming more generous.

Data & Research February 13th, 2018

Default Rates for Auto Plan Features Moving Up

More plans are auto enrolling at a greater than 3% default deferral rate, and 13% of plans are increasing deferrals at more than 1% annually, a PSCA survey found.