(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
August 25th, 2017

403(b) Plans Improving Plan Design

In a survey of 608 non-profit organizations conducted by the Plan Sponsor Council of America (PSCA), the council found these non-profits are making improvements to their 403(b) plans, particularly with respect to auto-plan features. Read more >

Combating Fiduciary Mishaps

Two fiduciary compliance experts highlight the mistakes plan sponsors are making that can land them in hot water under the Employee Retirement Income Security Act (ERISA)—some common and others more obscure. Read more >
ASK THE EXPERTS
Groom Law Group and Cammack Retirement Group will field your questions concerning 403(b) plans and regulations. Email rebecca.moore@strategic-i.com with Subject Ask the Experts

Health Care Cost Inflation Remains Major Retiree Challenge

The 2017 estimate of $270,000 in anticipated health care expenses for a retiring couple is 6% greater than last year’s figure and represents a 70% increase since Fidelity’s initial retiree health care cost estimate in 2002. Read more >

ERISA Challenge Targets Minnesota Hospital System

The latest retirement industry class action challenge, filed in the U.S. District Court for the District of Minnesota, names as defendants the Allina Health System and a sizable number of individual retirement plan committee officials in finance and human resources. The allegations concern both the 401(k) and 403(b) plans offered to Allina employees. Read more >

Passively Managed Funds Trounce Actively Managed Funds

Morningstar’s mid-year 2017 Active/Passive Barometer found that most actively managed funds have failed to survive and beat their benchmarks, especially for funds with longer time horizons. The average dollar in passively managed funds typically outperforms the average dollar invested in actively managed funds. Read more >

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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