PLANSPONSOR Weekend Newsdash
Week ending October 13th, 2017

Hello, PLANSPONSOR readers! This week our focus is on financial wellness and participant education. An Ernst & Young report suggests employee engagement is the best measure of financial wellness program return on investment (ROI). Provider Edukate partners with HealthSpective to deliver an integrated financial and health wellness solution. MassMutual found Latinos are seeking financial education from employers, and Fidelity found employer stock benefits outside of 401(k)s can help employees with their financial wellness. Communications doesn’t stop when employees terminate employment; and some plan sponsors get creative with it. Enjoy this edition of PLANSPONSOR Weekend!

Editor's choice
Data and Research
Employee Engagement a Better Measure of Financial Wellness Program ROI
Maximizing financial wellness program ROI starts with knowing employee demographics and how employees think and feel about money, Ernst & Young says. Read more >
Edukate Seeks to Merge Financial and Physical Wellness
Financial wellness provider Edukate’s technology is now integrated into HealthSpective, the DHS Group’s health benefits management solution, to provide employers with actionable data about the state of their employees’ financial and physical health. Read more >
Latinos Seeking Retirement Planning Assistance from Employers
Financial planning guidance and Social Security counseling top the list of financial services Hispanics would like from their employers, according to a survey by MassMutual. Read more >
Data and Research
Company Stock Outside of 401(k) Can Help With Financial Wellness
Employees say they use company stock acquired through their employee stock purchase plans (ESPP) to help pay down debt, add to their retirement savings, finance real estate or home improvement projects, or simply set aside for a rainy day. Read more >
Communicating With Terminated and Retired Participants
Some communications with terminated participants are required by law, but plan sponsors can take this farther—from offering the opportunity to repay loans to invitations to social events. Read more >
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.

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.

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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