Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
March 17th, 2016
Benefits & Administration
Stock Purchase Plans Can Help with Financial Wellness
In addition to helping workers manage short-term expenses and financial needs, Fidelity found that employees who have access to an ESPP are less likely to take 401(k) loans.Read more >
Sponsors and Participants Will Pay a Little Less in 2016
The average total plan cost for a small retirement plan with 100 participants and at least $5 million in assets declined from 1.29% to 1.28% over the past year, according to the 16th edition of the 401k Averages Book. The 2016 update shows the average total plan cost for large retirement plans—with at least 1,000 participants and $5 million assets—declined even more than for small plans, from 1.03% to 0.97%.Read more >
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