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
Sources Say Invesco Will Buy OppenheimerFunds

Oppenheimer is the 12th largest U.S. mutual fund family by assets.

Over Half of Americans Have Nothing Saved in a Retirement Account

The median retirement account balance among all U.S. workers is "zilch"

(b)lines Ask the Experts – Annuity General Accounts Versus Separate Accounts
“I work for a plan sponsor that maintains a 403(b) plan with annuity contracts.
An Accurate Perception of Their Finances Eludes Many Americans

One third thinks they are either better or worse off than they actually are, Prudential Financial learned in a survey.

2018 HSA Conference

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

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

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