Deals and People | June 9th, 2022 2022 PLANSPONSOR Plan Sponsor of the Year Winners Announced Awards were given in nine categories representing various plan types and sizes.
Compliance | June 3rd, 2022 Missing 401(k) Contributions Must Be Restored, Court Rules More than $150,000 ordered paid to a Maryland company's retirement plan; company and owner barred from any future ERISA fiduciary...
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.
Data and Research | May 4th, 2022 Target-Date Funds Continue to Be Popular Among Younger 401(k) Plan Participants Research on 2019 dataset from EBRI/ICI database finds the bulk of assets overall were invested in stocks.
Investing | March 29th, 2022 Retirement Account Assets Reached New High in 2021 In an economy with significant momentum but also headwinds and pain points, new data from the Investment Company Institute shows...
Compliance | January 18th, 2022 ERISA Litigation Continues in the New Year In court filings last week, fiduciaries of retirement plans at PPL Corp. and Mass Brigham General were accused of failing...
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.
Benefits | October 27th, 2020 The Relationship Between Retirement Plans and HSAs Experts at the session, held as part of the 2020 PLANSPONSOR HSA Conference, discussed incorporating health savings accounts and 401(k)...
Ask the Experts | October 13th, 2020 Do Income Limits Apply When Making Roth Contributions to a 403(b)? Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Ask the Experts | October 6th, 2020 Can a 403(b) Be Added for HCE Deferrals to Help Pass Testing? Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.