Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
May 11th, 2016
Benefits & Administration
Retirement plan sponsors and advisers try to teach employees to save in retirement plans early because of the effect of compound interest on savings, but there is also a compound effect on fees. A research report from NerdWallet notes that a dollar taken out of a participant’s account to pay plan fees is one less dollar to invest, compound and grow—something plan sponsors can consider when monitoring investments or negotiating administration fees.Read more >
PPA Still Defines Progress for DC Retirement Plans
Whether it’s an employer or a state government offering a retirement plan, one defined contribution (DC) plan expert says there is a common set of best practices that must be kept in mind.Read more >