Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
March 17th, 2015
2015 Plan Sponsor of the Year Finalists
‘Meet’ Our 2015 Plan Sponsor of the Year Finalists
Read the profiles of our 2015 Plan Sponsor of the Year finalists in the following categories: Corporate 401(k) less than $50mm; Corporate 401(k) $50mm to $250mm; Corporate 401(k) $250mm to $1b; Corporate 401(k) more than $1b; 403(b); Public DC; Public DB; and Multiple Plans. Each profile contains a story of success—and yet, many of these sponsors still consider their plan to be a work in progress.Read more >
Products, Deals & People
DWC ERISA Consultants, LLC (DWC) announced that, effective March 4, Destel-Bergen Corporation is merging its retirement plan administrative services practice into DWC. Destel-Bergen Corporation is a third-party administrator based in Petaluma, California, providing a variety of administrative and consulting services for 401(k) and other tax qualified retirement plans.Read more >
Platform Integrates Benefits for Self-Insured Plan Sponsors
Keas, which provides health benefits management, created Health Hub to help benefit plan sponsors unify their benefit offerings—including health assessments, incentive management, wearable devices, tobacco cessation programs and cancer screenings, among others—to streamline employer’s management and to fully engage employees. The platform eliminates administrative overhead for HR and benefits departments, and drives utilization of existing health benefits that might be going unused. “The irony of reducing waste and improving the health of the employer-sponsored population for over 100 million Americans is that it’s not a health problem, but rather a marketing and IT problem,” says Josh Stevens, chief executive of Keas. “The techniques used to solve the health care engagement dilemma must come from consumer marketing and IT professionals who can simplify and streamline the employer-sponsored health experience.”Read more >
Six relationship managers have been added to MassMutual’s network in New England, New York, the West, Southwest and mid-Atlantic region, boosting the number to 103. The six will support retirement plan sponsors, advisers and third-party administrators (TPAs). The additions are needed to support record sales, according to Una Morabito, senior vice president, relationship management for MassMutual Retirement Services.Read more >
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