| | Benefits & Administration | | Regulations Are Sponsors’ Primary Concern | | Reducing plan
costs and reevaluating the investment menu trail regulations for top sponsor
concerns. Asked their top three retirement plan issues, 49% of sponsors first
cite complying with regulations, followed by reducing plan costs (47%), and
reevaluating the investment menu (45%), according to a new report from Cogent,
“Navigating Change in the 401(k) Market: Key Insights for DC Plan Providers and
Investment Managers.”
Read more > | | Fifty-five
percent of plan sponsors on Ascensus’ platform funded a match in 2014, up from
52% in the previous year, according to the recordkeeper’s analysis of the
retirement plans it serves. In addition, 18% of plans automatically enrolled
participants in 2014, up from 15% in 2013. Assets in model portfolios and
target-date funds (TDFs) have surged from 17% of all plan assets in 2011 to 26%
in 2014. Digital access is also fundamental, as 85% of new enrollees sign up for
their retirement plan online.Read more > |
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