PLANSPONSOR Weekend Newsdash
Week ending May 31st, 2019
The administration of retirement plans involves more than just plan design operation, although that is very important to the retirement outcome of participants. Selecting investments for the retirement plan menu can also help with participant outcomes. Among a plan sponsor’s responsibilities, encouraging and enforcing cybersecurity are not the first tasks that come to mind. But, as modern technology takes over the common workplace, the concept of cybersecurity for retirement plans has started to see attention. And, knowing all the rules in the Employee Retirement Income Security Act (ERISA) includes knowing the rules about record retention. This edition of PLANSPONSOR Weekend focuses on helping plan sponsors with plan administration.
Editor's choice
How and Why to Simplify DC Plan Investment Menus
Simplifying a defined contribution (DC) plan’s investment menu could encourage more employees to participate in the plan, sources say.Read more >
Data and Research
Plan Design Progression Leading to Higher Retirement Savings
Participation rates were nearly 96% higher for plans—a difference of 40 percentage points—with auto enrollment; the usage of auto escalation was nearly five times higher in plans that employ opt-out options rather than opt-in, and employer match rates increased in 2018, T. Rowe Price found.Read more >
Driving Cybersecurity with Participants and Providers
Plan sponsors should evaluate providers’ cybersecurity practices, but there are also steps they and plan participants can take to safeguard retirement accounts.Read more >
AICPA Reminds Plan Sponsors of Record Retention Rules
A plan advisory explains ERISA rules for record retention and offers best practices for that and protecting personal information.Read more >
Considering Balance Sheet Issues for Pension Risk Transfers
A pension risk transfer (PRT) to terminate a defined benefit (DB) plan reflects heavily on a plan sponsor’s balance sheet, which may stop in its tracks a decision to do so.Read more >
2022 Recordkeeping Survey
Defined Benefit Plans May Have New Life

Don’t call it a comeback: Plan sponsors could thaw frozen defined benefit plans to return them as a retirement benefit for workers.   

TRIVIAL PURSUITS: How Many States Are in More Than One Time Zone?
Some states are in more than one time zone.
TRIVIAL PURSUITS: Which are the most northern, southern, eastern and western U.S. States?
TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?”

Some may describe the arrival of the coronavirus as a “watershed moment.”

Editorial: Alison Cooke Mintzer


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