Ask the Experts | January 31st, 2023 Does the SECURE 2.0 Act Make 403(b) Plans More Like 401(k) Plans? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | November 22nd, 2022 Judge Sides with Nestlé In Request to Dismiss 401(k) Class Action Suit Judge recommends dismissal of a class action lawsuit brought by a participant against Nestlé with accusations of unnecesarily high fees...
Data and Research | November 17th, 2022 Fidelity 401(k) Balances Drop 23%, But Default Savings Hold Workers kept their employer-sponsored retirement plans on track in Q3 even as they saw 21% or higher declines in their...
Compliance | November 15th, 2022 DOL Hits Back at ForUsAll, Won’t Confirm Crypto Retirement Guidance Is “Not Binding” The DOL said retirement provider ForUsAll misrepresented its cyptocurrency guidance from March and that the court overseeing the suit has...
Compliance | October 12th, 2022 Law Firm Files Motion to Dismiss ERISA Complaint Targeting BlackRock Funds Attorneys for the defendants have asked a federal district court to dismiss ERISA fiduciary breach claims.
Products | September 20th, 2022 Retirement Gateway from Equitable Launches for Small Business 401(k) program seeks to serve small and startup plans by easing demands on plan administrators.
Data and Research | August 8th, 2022 Retirement Plan Provider Technology Investments Show Success Online savings tools are gaining popularity with retirement plan participants as journey-based website designs and AI-enabled chatbots gain wider acceptance.
Products | June 30th, 2022 Ubiquity Announces New Partnership, Adds 3(16) Services to Select 401(k) Products Ubiquity will receive business referrals from Paycor to provide retirement benefit solutions and says its new 3(16) services will allow...
Compliance | June 2nd, 2022 IRS Issues ‘Helpful’ Bulletin for Preapproved Plans An IRS bulletin for preapproved plan sponsors warns of consequences for missing the restated adoption agreement deadline.
Data and Research | May 19th, 2022 Target-Date Funds Helped Savers Weather Q1 Volatility Retirement plan participants are staying on track, not changing allocations, in the face of market volatility.
Products | December 6th, 2021 ShareBuilder 401k Announces New Plan Offer It is waiving fees for new plan set-ups through December 22.
Products | November 3rd, 2021 GSAM and Ascensus Announce New Retirement Plan Offering The solution for small and midsized businesses that want to offer a 401(k) or 403(b) plan features digital advice and...
Products | September 29th, 2021 The Standard Introduces Accelerate for Small Retirement Plans Its features include an online Quick Start tool for plan quoting and optional investment fiduciary services from Morningstar.
Data and Research | August 3rd, 2021 CITs Overcoming Mutual Funds in 401(k)s Collective investment trusts are the most used investment vehicle in the largest plans and are a close second among large...
Ask the Experts | April 20th, 2021 Sponsor Offers a 403(b), 401(k) and 457(b): Can an Employee Contribute to All Three? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Data and Research | February 4th, 2021 Some Participants Reducing 401(k) Deferrals to Contribute to HSAs Industry sources have recommended that participants adopt a savings hierarchy for retirement plan and health savings account contributions.
Deals and People | January 6th, 2021 Empower, Ascensus Acquire Recordkeeping Business of Truist In addition, OneDigital has acquired the bank’s 401(k) investment advisory business.
Compliance | November 24th, 2020 Bath and Body Works Parent Company Sued for 401(k) Plan Excessive Fees The lawsuit against L Brands says recordkeeping and investment fees were excessive and fiduciaries failed to use the lowest-cost share...
Compliance | November 23rd, 2020 IRS Publishes 2020 Required Amendments List There are no changes in requirements that generally require an amendment, but there are two changes that may require one.
Compliance | October 28th, 2020 Examining Trump and Biden’s Plans on Social Security, 401(k)s and Taxes The two candidates differ in their approaches to several key areas of importance in the retirement planning industry.