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| 2015 Best in Class 401(k) Plans |
| 2015 Best in Class 401(k) Plans |
| PLANSPONSOR is pleased to announce its inaugural
selection of companies for its Best in Class 401(k) Plans designation. Recipients
of the 2015 Best in Class 401(k) Plans designation were selected from more than
4,500 plans responding to PLANSPONSOR’s annual Defined Contribution (DC)
Survey. 401(k) plans were evaluated and scored on more than 30 criteria related
to plan design, oversight/governance, and participant outcomes.Read more > |
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| Benefits & Administration |
| The funded status of the typical U.S. corporate
pension plan declined 0.4 percentage points in March to 87.2%, according to the
BNY Mellon Investment Strategy and Solutions Group (ISSG). The BNY Mellon
Institutional Scorecard showed that for the typical U.S. corporate plan, assets
in March decreased 0.5%, while liabilities fell 0.1% as the Aa corporate
discount rate rose two basis points to 3.86%. Public plans and foundations and
endowments also saw assets decrease.Read more > |
| What American investors say they will do and
what they actually wind up doing to save for retirement shows a big gap,
according to an Edward Jones retirement age survey. Nearly half (45%) of
non-retired Americans are not saving for retirement. Of those not yet saving,
only 36% plan to do so in the future and nearly 10% say they never plan on
saving for retirement.Read more > |
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| Products, Deals & People |
| Retirement and benefit consulting and
administration firm, USI Consulting Group announces an addition to its
retirement services team. Based in Oak Brook, Illinois, Lou Ressler has joined
the team as vice president.Read more > |
