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| Benefits & Administration |
| New 401k Averages Book Continues to Show Larger Plans Pay Lower Fees |
| The 18th Edition 401k Averages Book shows 401(k) total plan costs declined for most size plans. Scenarios with 200 or more participants saw a decrease in total plan costs from last year. The latest book was expanded to include 401(k) fee information on plans with large participant account balances. It continues to show larger plans pay lower fees.Read more > |
| Research Suggests Most Retirees Able to Absorb Financial Shocks |
| At a high level, researchers from the Center for Retirement Research at Boston College conclude that “most current retirees can absorb a shock.” However, they warn in no uncertain terms how future retirees are more likely to experience financial fragility, unless they dramatically reduce their fixed expenses or draw increased income from their assets.Read more > |
| Segal Group Warns DB Plan Sponsors Not to Stray From Mortality Assumptions |
| The latest federal government report from the National Center for Health Statistics (NCHS) shows that life expectancy at birth declined for the second consecutive year, which could tempt defined benefit (DB) plan sponsors to conclude the latest data is good news for pension plan costs, according to Segal Consulting. However, the firm notes that DB plan sponsors should look beyond the headlines, as life expectancy continues to improve for retirement-age Americans.Read more > |
