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PLANSPONSOR BLINESs LOGO August 31st, 2021
Information & Insights for the 403(b) Community
GAO Makes Recommendations to Help Participants Better Understand Fee Disclosures
GAO Makes Recommendations to Help Participants Better Understand Fee Disclosures
The agency found 45% of participants are not able to use the information they are given and 41% erroneously believe they don’t pay any fees.
Chamber of Commerce Says Cookie-Cutter Excessive Fee Suits Harm Participants
After pointing out the flaws in excessive fee allegations and what it says is the real motivation for the lawsuits, the agency asked the court in a case against the Red Cross to use careful scrutiny.
Ask the Experts
Why Does a 457(b) Plan Not Need Fidelity Bond Coverage?
“I work in the benefits department of a private health care provider. Our 403(b) and 401(a) plans have fidelity bond coverage, but our 457(b) plan does not. Should I be concerned about this?”
How 403(b) Assets Exceeded $1 Trillion
We study the data to find out what’s leading to this growth and what the future might hold.
Supporting Black and Latinx Workers With Income and Retirement Needs
Employers can take steps to alleviate financial concerns for underrepresented employees and make it easier for them to save in a retirement plan.
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