Vanguard: Small Plans Trail Large Plans in Auto-Enrollment Adoption
Automatic enrollment boosted participation in small business plans, according to the report.
Tag: small business retirement plans
Small Businesses See 50% Boost in Retirement Plans Since 2020
Gusto Inc. found states with auto-IRA laws had higher rates of retirement plan adoption, but overall contribution rates remain low.
1 in 4 Small, Midsize Business Owners Met With Financial Advisers Last Year
A Nationwide survey found small and midsize entrepreneurs could be a growing audience for advisers’ support.
4 in 10 Eligible Small Business Employees Not Part of Company Retirement Plan
Transportation and warehousing have the lowest rate of plan participation among all sectors—just 45%.
How Small Business Owners Benefit from Financial Advisers’ Help
Small business owners who work with a financial professional expect to retire seven years earlier, according to an Equitable and...
Fiduciary Proposal Comment Period Ends With More Mixed Feedback
The IAA and Morningstar offered conditional support to the Department of Labor’s proposal and the ACLI called for a full...
Transamerica Renews Small Business Retirement Plan Campaign
Starting September 1, the provider will launch a campaign called 401(k)ares that will include an incentive to transfer from a...
Many Small Businesses Cannot Afford Worker Retirement Plans
Monetary concerns outweigh desire to attract and retain employees, according to a new SMB index from Fidelity.
Small Business Owners More Likely to Phone a Friend, Not an Adviser
When asked whose counsel they would seek before setting up an employee retirement plan, small business owners prioritized family, friends...
Do Small Business Owners Need Retirement Advisers Too?
Amassing sufficient retirement income and the impact of taxes on retirement savings are small business owners’ top concerns.
Carson Partners with “Conflict Free” Vestwell on 401(k) Offering
Vestwell will provide financial advisory Carson Group with small and midsize business 401(k) and 403(b) plan programs for its investment...
Transamerica, Smart, and Finhabits Expand Retirement Plan Coverage to Underserved Markets
The service is meant to be an affordable alternative to state-mandated retirement plans.
Equitable Launches Small Business 401(k) Program
Retirement Gateway for Small Business seeks to serve small and startup 401(k) plans by easing demand on plan administrators in...
Why a Regional Bank Feels Well-Positioned for Small-Plan Success
‘We, as the fiduciary adviser, can step in and leverage our investment experience and retirement insights to help business owners...
Lessons From One Adviser’s Small-Plan Experience
Small plans—usually the most underserved in the market—have a tremendous need for the expertise of experienced retirement plan advisers.
Why Small Business Owners Often Resist 401(k)s
Two of the reasons most commonly cited by small business owners for not offering a retirement plan are the beliefs that their business is too small to qualify...
Plan Sponsor Interest in Pooled Employer Plans Has Increased
The largest small employers may be the most interested.
CAPTRUST, T. Rowe, NBS Team Up on ‘MEP-PEP Alternative’ for Small Clients
The Direct Fiduciary program aims to allow companies to significantly reduce the amount of time spent managing an individual 401(k) plan by outsourcing administrative and investment fiduciary responsibilities.
RIA Aggregators Aim for Small-Plan Market Expansion
OneDigital and Ascensus recently announced the availability of a ‘co-created small market solution,’ making OneDigital the latest adviser aggregator to launch a DC plan solution targeted at small...
Practice Progress: SEPs, SIMPLEs and More: Growing a Practice With Smaller Clients
A PLANADVISER webinar underscored key plan design offerings when working with smaller plan clients.