Magazine

Plan Sponsors of the Year
TABLE OF CONTENTS

March 2008

457 Plan Sponsor of the Year: State of Hawaii

Participation in the State of Hawaii Deferred Compensation Plan stands at about 35%. That far exceeds the average 21.6% participation rate among state 457 plans.

  1. Cover
  2. Plan Sponsors of the Year

    It is hard to imagine a more daunting undertaking than the attempt to select a Plan Sponsor of the Year.
  1. Corporate Plan Sponsor of the Year: M.A. Mortenson Co.: Building a Better Future

    When was the last time you saw a mariachi band at an employee education meeting?
  1. Public Plan Sponsor of the Year: State of Missouri: "Show Me" State

    In late January, as the markets roiled, Steve Holmes and other Summit Strategies Group consultants had a five-hour meeting with investment staffers at their client, the Missouri State Employees' Retirement System (MOSERS).
  1. 457 Plan Sponsor of the Year: State of Hawaii

    Participation in the State of Hawaii Deferred Compensation Plan stands at about 35%. That far exceeds the average 21.6% participation rate among state 457 plans.
  1. Nonprofit Plan Sponsor of the Year: YMCA: It's Fun To Stay at the YMCA

    YMCA employees get the benefits of an innovative retirement plan design.
  1. Plan Sponsor of the Year Finalist: Monroe County: Change Is Good

    Brayton Connard is a glass-half-full kind of guy.
  1. Plan Sponsor of the Year Finalist: Piedmont Natural Gas: Putting Participants First

    2008 has been a year of change in the retirement plans at Piedmont Natural Gas (PNG), a Charlotte, North Carolina-based energy company.
  1. Plan Sponsor of the Year Finalist: Kinder Morgan: Tested for Success

    Ron Jiede admits it isn't an everyday thing these days for an employer to shell out $60,000 to hire a law firm to perform a stem-to-stern fiduciary audit on its retirement programs.
  1. Plan Sponsor of the Year Finalist. Municipal Employees' Retirement System of Michigan: Ahead of the Curve

    The Municipal Employees' Retirement System (MERS) of Michigan likes to make moves proactively.
  1. Plan Sponsor of the Year Finalist: Compassion International: Maintaining Quality of Life

    Compassion International—a Christian child-advocacy mission that says it helps more than 950,000 underprivileged children in 24 countries—strives to carry over its philosophy about how people should be treated to its handling of employee benefits.
  1. Editorial
  2. And the Winners Are…

    A couple of weeks ago, I was watching the Oscar awards (well, it was on, I wasn't really watching). Of course, most of the awards acknowledge efforts that the casual filmgoer doesn't appreciate—and many of the awards this year went to movies I had not seen.
  1. IMHO
  2. All for One

    Last month, the Supreme Court ruled unanimously in a landmark decision that participants can pursue their individual claims under ERISA.
  1. UpFront
  2. March 2008

    PLANSPONSOR.com news articles that also appeared in the Upfront section of the March issue.
  1. War Stories
  2. March 2008

    We all have them: those front-line experiences that are -inevitable when one deals with the variety—and sensitivity—of issues associated with human beings and critical life events. Sometimes those stories are tragic, sometimes they are bizarre, and sometimes—admit it—they are just plain funny.
  1. Survey Says
  2. Survey Says.What's the Best - and Worst - Part of Your Job?

    Whatever your job responsibilities, a little well-timed introspection can offer some much needed perspective—particularly during what can be a most hectic period for plan sponsors.
  1. Bells & Whistles
  2. March 2008

    Each month, Bells & Whistles highlights recent product introductions that plan sponsors may find of interest.
  1. Head of the Class
  2. Bond's "Shelter"

    In reaction to the stock market turmoil of 2001 and 2002, U.S. institutions have been redirecting assets from domestic equities.
  1. Asset Mix
  2. Short Sided

    In 1949, long before there were tracking errors, manager style boxes, or Sharpe ratios, a PhD sociologist-turned-investment-­manager named Alfred Winslow Jones devised an investment strategy that relied on two techniques: buying stocks with leverage, and selling stocks short.
  1. Case Sensitive
  2. False Pretenses

    Northwest Administrators, Inc. v. Ralph W. Cutter
  1. Barry's Pickings
  2. What's Good for the Goose…

    If bonds are good for DB plans, why are stocks so good for DC plans?
  1. Saxon Angle
  2. Fiduciary Fitness

    Although you already may have given up on your New Year's resolution to get fit, you still can follow through with your resolution­ to make sure all of your fiduciary ducks are in a row for this year. Below are some important steps that you should consider.
  1. Just out of Reish
  2. "Pickup" Lines

    The primary fiduciary for the ABC 401(k) Plan is walking down the sidewalk. He notices a $100 bill lying on the ground. The bill has a note attached: "This belongs to the ABC Plan."
  1. Special Report
  2. 2008 PLANSPONSOR TRO Buyers Guide: All Together Now

    It's hard to find a plan sponsor that doesn't find the ability to get answers to many issues in a single place alluring, whose time-constricted day does not beg for the efficiency of an integrated service offering, that would be unappreciative of the opportunity to avoid being cast in a role where he or she must bear the brunt of ensuring that the various and sundry moving parts of benefit program design fit and flow together.