PLANSPONSOR Weekend Newsdash
Week ending November 2nd, 2018

In this issue, we discuss how certain participant characteristics should influence plan design, the significance of more deeply analyzing employee data when it comes to fortifying retirement readiness, and the significant results strategic thinking can deliver for plan sponsors. Additionally, we cover the effects of white label investments and collective investment trusts (CITs), and how participants rank automatic plan design features. Find all this and more in this edition of PLANSPONSOR Weekend—Plan Design and Administration.

Plan Design and Administration
Money Personalities Can Inform Financial Wellness Program Decisions
PwC has identified findings about money personalities and behaviors that can influence how employers tailor their approach to financial wellness programs. Read more >
Using Detailed Plan and Participant Analytics Can Improve Retirement Readiness
Willis Towers Watson believes plan-wide statistics on mean or median participation rates, balances or contribution rates cannot be the sole basis of plan design decisions, because they offer little in the way of insight into retirement adequacy and meaningful benchmarks for individuals or segments of the population. Read more >
Successful Plans Embrace Strategic Thinking
The challenge of learning to think strategically impacts plans of all sizes, says Mel Hooker at Wells Fargo; even large employers with ample resources can have trouble setting goals and knowing how to pursue them. Read more >
In the Magazine
Fund Change
Bringing white label investments and CITs to plans of all sizes. Read more >
Retirement Plan Design Options Can Help With Individual’s Savings Concerns
The Standard recommends automatic plan features as well as managed accounts. Read more >
J.P. Morgan Agrees to Settle Stable Value Funds Suit

The firm has agreed to pay $75 million to settle litigation brought by multiple retirement plan participants alleging J.P. Morgan invested its stable value funds in risky assets.

SECURE Act Passes House, Bringing Calls for Senate Collaboration

Reflecting on the much-anticipated House vote, Kevin Walsh, principal with Groom Law Group, said today is an important day for the retirement industry, but it’s not the end of the story.

Individuals, Employers and Government All Play a Part in Retirement Readiness

A new research report and Catherine Collinson, with Transamerica Center for Retirement Studies, lay out steps all three can take to improve retirement confidence and readiness in America.

Participant Loans: A Fiduciary Storm Brewing?
Bruce Ashton, with Drinker Biddle & Reath, discusses the fiduciary risk defined contribution (DC) plan sponsors could face when participants default on plan loans.
What to Know About Financial Audits Filed with Form 5500s
Plan sponsors required to file a financial audit along with their Form 5500 should know how regulators use the information and how to pick the best auditor.

Editorial: Alison Cooke Mintzer

Advertising: Paul Zampitella

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