(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
January 15th, 2016

A New Fee Challenge for Plan Sponsors: Levelization

Plan sponsors, as a whole, are unaware that participants pay disparate fees, and service providers, particularly recordkeepers that receive revenue-sharing payments, are not going to address it, experts say. It is incumbent on sponsors, then, to ask their plan advisers and recordkeepers about fee levelization.Read more >
Retirement plan sponsors that work with an adviser are more engaged and are more likely to think their employees are saving enough for retirement, a survey finds.Read more >
Wide differences in access to and participation in employer-based retirement plans exist across states, with variations by employer size and industry type as well as by workers’ income, age, education, race and ethnicity, according to a report released by The Pew Charitable Trusts.Read more >
“I heard that there was an additional month added to the extended deadline for Form 5500 filings, so that calendar year returns are now due November 15th instead of October 15th for calendar year plans that request an extension. Is this true?”Read more >

Methodist Pension Board Blacklists Five Banks

It is believed the Israeli banks help finance settlement construction in what some consider illegally occupied Palestinian territories, according to news reports.Read more >

Target-date funds (TDFs) may be the main vehicle by which alternative investments in defined contribution (DC) retirement plans are increased, suggests one researcher.Read more >

Investment Considerations for Health Care Organizations

Mercer outlines the top investment considerations for not-for-profit healthcare organizations for 2016.Read more >

Real product development momentum had already been building in the environmental, social and governance (ESG) investing arena before the Department of Labor last year told investors it has no real qualms with ESG investing by retirement plans from an ERISA perspective—so long as the competitive performance of an investment isn’t compromised by tying in such factors.Read more >

Just out of Reish: New Guidance on SRIs

The Department of Labor (DOL) has issued guidance that eases the fiduciary burden for selecting socially responsible investments (SRIs). What do plan committees need to consider?Read more >

Financial Engines Updates Social Security Planner

The Bipartisan Budget Act of 2015 introduced changes to Social Security regulations that limit households’ ability to use certain claiming strategies.Read more >

More than one-third of companies have disqualified a job candidate in the past year because of concerns about information found on public social media or an online search.Read more >

David Levine and David Powell, with Groom Law Group, and Michael A. Webb, vice president, Retirement Plan Services, Cammack Retirement Group, will field your questions concerning 403(b) plans and regulations. Send them to rmoore@assetinternational.com with Subject: Ask the Experts. Answers may be printed in future (b)lines. This feature is to provide general information only, does not constitute legal advice, and cannot be used or substituted for legal or tax advice.

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

Advertising: advertise@strategic-i.com

Subscribe to (blines), click here.
To unsubscribe, click here.
BrightScope / CIO / FWW / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund