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PLANSPONSOR BLINESs LOGO August 30th, 2022
Information & Insights for the 403(b) Community
Plaintiffs Claim AME Church Plan Is Subject to ERISA
Plaintiffs Claim AME Church Plan Is Subject to ERISA
A consolidated class action complaint claims that the church’s 401(k) plan elected to be governed by the Employee Retirement Income Security Act. 
Target-Date Glide Paths Are Not Personalized Across Industries
Plan sponsors across industry sectors and with widely different wages for workers are using essentially the same target-date fund glide paths, research shows.
Ask the Experts
How do we treat rehires in an auto-enrolled 403(b) plan?
"Our 403(b) plan is an automatic contribution arrangement, or auto-enrolled plan. However, our plan is NOT an Eligible Automatic Contribution Arrangement or a Qualified Automatic Contribution Arrangement, primarily because we only enroll new hires, and not existing employees. My question is, how do we treat rehires in such an arrangement? Should we auto-enroll them as new hires, or treat them as existing employees who we would not auto enroll?"
Funding the Future Self
To their detriment, plan participants often fail to opt in to in-plan financial advice—but that may be changing.
DC Survey Now Open
For more than 20 years, PLANSPONSOR’s annual Defined Contribution Survey has provided benchmarking data for nearly 50 industries/business sectors and for 401(k), 403(b), and other DC plans, as well as nonqualified plans. Represent your industry and plan type by participating, and you’ll receive a free benchmarking report.
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