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| Benefits & Administration |
| DC Investors Stayed the Course in Q1 2017 |
| Nearly all active defined contribution (DC) plan participants continued investing in their accounts during the first quarter of 2017, according to recordkeeping data gathered by the Investment Company Institute (ICI). The ICI analysis finds only 1.1% of DC plan participants stopped contributing during this period. Moreover, asset-allocation shifts and withdrawal activity remained low during this time frame. According to the ICI, 4.6% of DC plan participants changed the asset allocation of their account balances, and 3.8% changed the asset allocation of their contributions.Read more > |
| Creating a Better Open Enrollment Experience |
| A recent survey revealed issues employees have with open enrollment season, including material too difficult to understand and not enough time to make benefits decisions. In a webcast, Mercer discussed ways to make the open enrollment period better for employees and employers alike.Read more > |
| ICI Shares Facts About 401(k)s |
| At the end of the first quarter of 2017, Americans held $7.3 trillion in defined contribution (DC) plans, accounting for 28% of the $26.1 trillion in retirement assets, according to a report from the Investment Company Institute (ICI), “Ten Important Facts About 401(k) Plans.” The report contains more information about participant views and plan design trends.Read more > |
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| Products, Deals and People |
| Investment Products and Service Launches |
| Reliance Trust Company Partners with Northern Trust and Wilshire Launches ESG Intermediate Credit Index.Read more > |
