The deadline for adopting a new safe-harbor 401(k) plan is October 1, and while it’s not likely to be met for employers that have not already moved to adopt one, information about the plan design will help employers plan for future years.
Steps can be taken to prevent a lawsuit, establish defenses if a lawsuit arises and buy fiduciary protection.
With education and new tools, plan sponsors can help employees get student loan debt under control.
Often a fund manager personnel change serves as a trigger to put a fund on a watch list, but recent Morningstar research provides evidence this might not be necessary.
Two fiduciary compliance experts highlight the mistakes plan sponsors are making that can land them in hot water under ERISA—some common and others more obscure.
DB plan sponsors making additional cash contributions to fund their plans should consider locking in those funding gains to reduce the amount of operating cash they allocate to their plans in the future.
Tax-reform may target the incentives to save in DC plans.