Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
January 8th, 2018
Benefits & Administration
Few NQDC Plan Sponsors to Make Plan Changes
Although 87% of respondents to the annual Prudential/PLANSPONSOR Executive Benefit Survey don’t plan on making any changes to their nonqualified deferred compensation plans (NQDCPs), of the few that are, the majority cited additions or enhancements to plan education and communication programs (52.6%). Average participation rates were relatively flat at 47%, and plan sponsors think the most important thing to eligible employees in making the decision whether or not to participate is education/communication. Participation rates were notably higher in plans offering matching contributions (60%), which may be why 21% of respondents plan to either offer or enhance the company match.Read more >
Products, Deals and People
Retirement Industry People Moves
John Hancock announces promotion in Taft-Hartley practice; The Segal Group acquires Touchstone Consulting; Ascensus adds DB consulting firm to roster of TPAs; and more.Read more >
From the Magazine
Owning a Piece of the Firm
When one hears “stock plan” or “equity compensation,” he or she may think of the incentive stock options that have been in vogue with startups and technology firms. “Company stock” may evoke thoughts of employer equity within a 401(k) plan—and the stock-drop lawsuits that have proliferated. However, such perceptions limit the broad role that ownership of employer stock can play—and the link it can have to retirement planning.Read more >
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