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week ending July 10th, 2020
Just as many of us may turn to our friends for advice, plan sponsors can often learn from their peers about how to address a plan or participant need. From improving participant engagement with the plan to creating an effective financial wellness program to helping participants with their student loan debt, PLANSPONSOR has shared stories of plan sponsors that are succeeding. In this edition of PLANSPONSOR Weekend, you will find some of those stories. If you are a plan sponsor with a story you think would help your peers, or you know of one, please reach out to us by emailing Judy Faust Hartnett at judy.hartnett@issmediasolutions.com. Wishing everyone a safe and happy weekend!
Editor's Choice
Plan Profile
A Digital Transformation
This plan sponsor turns up the volume on engagement.
Plan Profile
Time Is Money for Repaying Student Debt
A sponsor lets workers turn their PTO into loan payments
Plan Profile
Digital Engagement
A plan sponsor improves participant engagement via web tools.
Plan Profile
An Association Plan
A sponsor created an ARP for a chamber of commerce in Connecticut.
Plan Profile
A Route to Better Outcomes
This plan sponsor focuses on participant wellness.
Plan Profile
Family-Owned and -Run
A plan sponsor provides a personal touch, plus varied education.
Plan Profile
Student Loan Repayments
A plan sponsor offers a benefit that helps ease financial stress.
Popular Reads
2021 Health Savings Account Survey
2020 Recordkeeping Survey
Compliance
403(b) Plan Sponsor Sued Over Excessive Fees and Underperforming Investments
The lawsuit calls out the use of the active suite of the Fidelity Freedom target-date funds, among other things.
Benefits
Addressing the Haves and Have-Nots in Retirement Savings
The experience during the pandemic of those with and without retirement savings has highlighted the issue of income inequality, says Ed Farrington, with Natixis Investment Managers.
Compliance
SECURE Act 2.0 Passed Unanimously by Ways and Means Committee
A rare unanimous affirmative voice vote by the Ways and Means Committee allows the SECURE Act 2.0 to be considered by the full House of Representatives.
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