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March 5th, 2021 Information & Insights for the 403(b) Community 2021 Plan Sponsor of the Year Finalists We are pleased to announce the 2021 Plan Sponsor of the Year awards finalists in the Public Defined Contribution (DC) category, and other categories. A Checklist for Retirement Plan Committees Experts discuss what main facets of a retirement plan that a committee should cover in its quarterly meetings. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” Higher Ed Institutions Facing Increased Turnover Due to Burnout During Pandemic Plan sponsors can use benefit offerings to decrease their staff’s constant struggle with work/life balance and offer transition help to those who insist on retiring. Settlement Details Published in Norton Healthcare ERISA Suit The settlement comes with a $5.75 million price tag to be split between the plan sponsor defendant and its financial adviser, along with other nonmonetary stipulations to be followed by both the plaintiffs and the defendants. Pandemic Prompts Many to Take More Notice of Retirement Plan Providers saw an increase in the use of digital tools, prompting some plan participants to save more. Voya Adds Emergency Savings Solution to Financial Wellness Support Offerings The platform is said to provide out-of-plan emergency savings support alongside the retirement plan and other workplace savings accounts. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 400, Rockville, MD 20850