Latest News

Benefits |

Tenneco Puts Match on Hold

February 9, 2009 (PLANSPONSOR.com) - Lake Forest, Illinois-based auto parts manufacturer Tenneco Inc. has suspended its 401(k) match for 2009.
Benefits |

Companies Continue to Trim Salary Budgets

February 9, 2009 (PLANSPONSOR.com) - Base salary budgets for 2009 have been reduced even more by many companies in response to a worsening economy and reshaping of corporate...
Benefits |

Aon Freezes DB

February 6, 2009 (PLANSPONSOR.com) - Benefits consultant and insurance broker Aon Corp. is freezing its defined benefit pension plan as of April 1.
Benefits |

7-Eleven Latest to Suspend 401(k) Match

February 6, 2009 (PLANSPONSOR.com) - Dallas-based 7-Eleven Inc. said it is cutting 200 positions and suspending contributions to employees' 401(k) accounts to minimize future job losses.
Benefits |

Eddie Bauer Suspends Match

February 6, 2009 (PLANSPONSOR.com) - As have a number of other companies, Eddie Bauer has announced it is suspending 401(k) match contributions for 2009 to cut costs.