AdministrationApril 26, 2017
The Society of Actuaries estimates an increase in funding target liabilities, PBGC premiums and minimum required contributions.Data and ResearchApril 26, 2017
A survey of financial executives finds that most highly value the financial stability of their workforce as a critical component to a successful HR management strategy.ComplianceApril 26, 2017
The agency says gaining additional insight into Americans’ decisionmaking processes and experiences will “provide policymakers and the research community with valuable information that can be used to guide future policy and research.”Data and ResearchApril 26, 2017
They prioritize one day owning a home and saving for retirement, yet more Millennials are saving to travel than for either of these two goals.ComplianceApril 26, 2017
A memorandum suggests there are two ways an employer can determine the highest outstanding loan balance in the past year when calculating the amount of an additional loan a participant can take from her DC plan.ComplianceApril 26, 2017
Plaintiffs unsuccessfully alleged plan fiduciaries should have known that an investment option had the “clear indicia of a growth stock,” and did not meet purported investing criteria of seeking out value stocks.ComplianceApril 25, 2017
While the Department of Labor has signaled it could do another delay of the fiduciary rule prior to June 9, the more likely course is that it will in fact be implemented. ComplianceApril 25, 2017
While the advisory firm has now been dismissed from the pool of defendants, the wider case itself will still apparently move forward.
AdministrationApril 25, 2017
The analysis found certain themes surface with regard to systems that have developed robust communication and financial reporting initiatives.Data and ResearchApril 25, 2017
A majority of parents are unaware of options that can help, a survey finds.Ask the experts: (b)LinesApril 25, 2017
“Our recordkeeper for our Employee Retirement Income Security Act (ERISA) 403(b) plan recently informed me that our plan document year of service definition is different for satisfying our one-year waiting period to receive employer contributions than it is for vesting purposes.ComplianceApril 24, 2017
Department of Labor investigators secured a judgement restoring more than $40,000 to plan participants working for a Michigan tire manufacturer. ProductsApril 24, 2017
The document includes questions plan sponsors should discuss with investment fiduciaries and an implementation checklist.