Latest News

Administration |

Sponsors Cash in on EGTRRA with ESOPS

February 14, 2002 (PLANSPONSOR.com) -A number of companies that don't have employee stock ownership plans, (ESOPs) but offer company stock in their 401(k) plans are creating ESOPs within...
Administration |

PBGC To Pick Up LTV Pensions

February 14, 2002 (PLANSPONSOR.com) -LTV says it believes the federal government will take over the Cleveland, Ohio-based steelmaker's pension plans at the end of March.
Products |

Adhesion Partners With ProAct

January 14, 2002 (PLANSPONSOR.com) - HR software provider Adhesion Technologies will provide account aggregation services to ProAct's clients under an agreement announced by the companies.
Compliance |

PWBA Fills in the Blanks on SPD Requests

January 14, 2002 (PLANSPONSOR.com) - Plan sponsors have new guidance on responding to requests from the Department of Labor for summary plan descriptions (SPDs) and other documents on...
Compliance |

NCFC Subsidiaries Accused of "Cooking" The Books

January 2, 2003 (PLANSPONSOR.com) - National Commerce Financial Corp. (NCFC) and two of its subsidiaries have been accused of overcharging 2,300 participants in Corky's Bar-B-Que's employee benefits plans...
Administration |

Defaults Surge on Corporate Bonds

January 14, 2002 (PLANSPONSOR.com) - Investors should remember that fixed income isn't risk free - in fact, last year the number of corporate defaults was at its highest,...
Administration |

Financial Firms' Failures Fall

January 14, 2002 (PLANSPONSOR.com) - The economic downturn in 2001 claimed comparatively few financial firms, according to an insurance-rating company.
Administration |

BB&T to Acquire Benefits Firm

January 14, 2002 (PLANSPONSOR.com) - The latest planned acquisition by BB&T Insurance Services should help expand its employee benefit offerings, according to the company.
Products |

Schwab Links With Morningstar for Advice

January 14, 2002 (PLANSPONSOR.com) - A group of Charles Schwab Corporation's recordkeeping clients will soon offer 401(k) plan sponsors and their participants online advice via Morningstar ClearFuture.
Benefits |

Hewlett-Packard Hit With Contractor Abuse

January 31, 2003 (PLANSPONSOR.com) - Two contract workers allege in a lawsuit against Hewlett-Packard Co. that the giant computer maker improperly denied them and other contractors overtime and...