PLANSPONSOR Weekend Newsdash
Week ending March 2nd, 2018

Hello, PLANSPONSOR readers. The fourth in a five-part series, investment firm Arnerich Massena has published its white paper, “Retirement Plan Best Practices: Plan Monitoring.” A new survey finds defined contribution (DC) plan sponsors are pulling out all the stops to get their participants saving—and saving adequately. A lawsuit about the design and administration of New York University’s 403(b) plans is the first of the large university lawsuits to go to trial. The largest defined benefit (DB) plan sponsors are leading the trend in accelerating pension contributions. And, if you want employees to put their pay increases due to tax reform into retirement savings, the time to act is now. All this and more in this edition of PLANSPONSOR Weekend!

Editor's choice
Participants
Want Employees to Invest Tax Savings? Act Now
It will only take a few pay cycles for folks to get used to seeing the extra money come in; thus the impetus is on plan sponsors to act today to directly encourage employees to consider putting some or all of their additional take-home pay into the retirement plan. Read more >
Administration
Largest DB Plans Lead in Accelerating Pension Funding
Following a pattern as trendsetters, the 20 members of the $20 billion club collectively dismissed funding relief and paid more than triple their mandated contributions in 2017, according to Russell Investments. Read more >
Compliance
Original Case Against NYU 403(b) Plans Going to Trial
In addition, a federal judge dismissed a third complaint against NYU—naming its adviser as a defendant—as a duplicative action. Read more >
Data and Research
Sponsors Making Great Strides on Their Retirement Plans
With concerns about retirement readiness growing, DC plan sponsors are turning to automatic features, increasing their contributions, streamlining their investment menus and improving fee transparency. Read more >
Products
Arnerich Massena Publishes Latest in Retirement Plan Best Practices Series
“Monitoring your investment menu managers, your plan providers, and plan fees is an important part of your overall fiduciary responsibility,” the firm’s latest white paper states. Read more >
MOST POPULAR STORIES
(b)lines Ask the Experts – Must Plans Adopt Budget Act New Hardship Withdrawal Rules?
“I am aware from a prior Ask the Experts column that the Bipartisan Budget Act of 2018 made some changes to the hardship distribution rules?
Retirement Industry People Moves

Industry expert replaces BPAS SVP of Fiduciary Services; USI Consulting employs VP of Retirement Services; Cafaro Greenleaf announces addition of investment analyst; and more.

House Committee Contemplates Bill That Would Reduce Employer Health Benefit Costs

Also being considered is legislation for expanding benefits of HSAs.

HSA Amendment Bills Moved to U.S. House

Among the bills approved by the House Ways and Means Committee is one that would qualify significantly more health treatments, services and over-the-counter drugs for HSA spending.

District Court Upholds Use of Segal Blend to Calculate Multiemployer Pension Liability

Commenting on the decision, Segal Consulting says it is “consistent with every other decision handed down in similar cases except for one,” the Southern District of New York Court’s decision in The New York Times Company v. Newspaper and Mail Deliverers’-Publishers’ Pension Fund, which is being appealed.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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