401(k) Participants With Loans Save Less Than Those Without
Alight Solutions found a nearly $100,000 difference in 401(k) savings between participants who had loans outstanding and those who did...
Tag: 401(k) plans
Citigroup Agrees to Settle Proprietary Funds Lawsuit
The financial firm will pay $6,900,000 in settlement.
Legislators Propose Expanded Features for SIMPLE Plans
A new law would raise the contribution limit for SIMPLE plans from $12,500 to $15,500 for the smallest businesses and...
Tax Reform Change to Plan Loans Requires Updates to Documents
The new law extends the time a participant has to repay loans from 60 days after an offset to the...
401(k) Participants Tend to Hold Lower Cost Mutual Funds
The expense ratios 401(k) plan participants incur for investing in mutual funds have declined substantially since 2000, Investment Company Institute...
Recent Dip in Average Fidelity Account Balance Belies Long-Term Trend
Average individual 401(k), 403(b) and IRA account balances increased year-over-year, according to the latest cut of data from Fidelity’s book...
(b)lines Ask the Experts – Dealing With Missing Participants
“I have been reading a lot about missing retirement plan participants lately. If our plan has any, should I be...
Opinions |
Barry’s Pickings: Keeping Employers in the 401(k) System: Fixing 401(k) Fee Litigation
Michael Barry, president of the Plan Advisory Services Group, delves into fee litigation assumptions—and what is wrong with them.
Opinions |
Barry’s Pickings: The Role of the Employer in the 401(k) System
Michael Barry, president of the Plan Advisory Services Group, opines about the most important role of the employer in the...
New 401k Averages Book Continues to Show Larger Plans Pay Lower Fees
The latest book was expanded to include 401(k) fee information on plans with large participant account balances.
PLANSPONSOR Announces 2018 Best in Class 401(k) Plans
Plans were rated using 35 criteria related to plan design, oversight/governance and participant outcomes.
Plan Sponsors Pushing Boundaries of Auto Features
In 2016, 40.2% of plan sponsors surveyed by the PSCA used a default rate for auto enrollment greater than 6%.
Plan Sponsors Should Remind Participants About the Saver’s Credit
Many participants do not know about the credit, the Transamerica Center for Retirement Studies found.
Oracle Excessive Fee Suit Gets Class Certification
However, a federal judge certified subclasses on the imprudent investment claims because class representatives were not all invested in the...
410(b) Coverage Testing for Firms With Both 401(k) and 403(b)
“I work for a firm that recently took over as third-party administrator (TPA) for the retirement plans of a large...
Ascensus Finds Increase in 401(k) Employer Contributions
Market returns, adoption of safe harbor plans and more education to participants can be attributed to this increase.
Appellate Court Hands Win to Hewlett-Packard in Stock Drop Case
Another employer win in a stock drop suit indicates it is tough for retirement plan participants to meet the pleading...
Federal Reserve Data Shows Strengthening Economy’s Impact on the DC Space
The Fed's analysis concludes that 401(k) plans “could work much better and balances would be higher if all plans were...
Wells Fargo Stock Drop Suit Dismissed
A federal district court ruled the plaintiffs did not meet all the pleading standards set forth by the U.S. Supreme...
Company Stock Outside of 401(k) Can Help With Financial Wellness
Employees say they use company stock acquired through their ESPP to help pay down debt, add to their retirement savings,...