Participant Transfers in July Remain Fixed Income Oriented
August 16, 2010 (PLANSPONSOR.com) - Despite the market rally, the direction of the total transfers in July remained fixed income-oriented,...
Tag: 401(k)
Law Firm Probes Drugmaker for 401(k) Missteps
August 13, 2010 (PLANSPONSOR.com) – A New York law firm is investigating whether fiduciaries of the GlaxoSmithKline 401(k) plan violated...
Parties Settle General Dynamics 401(k) Fee Case
August 6, 2010 (PLANSPONSOR.com) – General Dynamics Corporation and Fiduciary Asset Management (FAMCO) have agreed to a $15.1-million settlement of...
Benefits |
PSNC 2010: Roth Accounts, not Just for the Highly Compensated
August 3, 2010 (PLANSPONSOR.com) – There has been a lot of talk since Roth 401(k)s and 403(b)s have been introduced...
Benefits |
Mets Management Beaned by 401(k) Suit
August 2, 2010 (PLANSPONSOR.com) – The owner of the New York Mets has been sued for the role...
Benefits |
FedEx Ships Back Rest of 401(k) Match
July 26, 2010 (PLANSPONSOR.com) – With earnings per share for its fiscal first quarter expected to be up between...
Benefits |
Will Minnie and Mickey Mouse Move to a 401(k)?
July 26, 2010 (PLANSPONSOR.com) – With the company staring at a hike in pension and post-retirement medical costs of $270...
Blackout Notice Suit Allowed to Move Forward
July 19, 2010 (PLANSPONSOR.com) – A federal judge in Ohio ruled that a 401(k) profit-sharing plan and two participants can...
Benefits |
BofA Merrill Lynch Finds Participants Continue to Make Positive Savings Steps
July 19, 2010 (PLANSPONSOR.com) – Bank of America Merrill Lynch’s Quarterly Scorecard on activity within its proprietary 401(k) business finds...
Participants’ Move to Fixed Income Slows
July 6, 2010 (PLANSPONSOR.com) - 401(k) participants transferred monies from equities into fixed income investments for the second consecutive month...
Benefits |
Majority of Large Employers Use Automatic Enrollment
June 30, 2010 (PLANSPONSOR.com) - A majority of large employers now automatically enroll workers into their 401(k) plans, according to...
360 Sponsors at least Partly Done on IRS 401(k) Survey
June 23, 2010 (PLANSPONSOR.com) – Some 360 of the 1,200 plan sponsor receiving the 401(k) Compliance Check Questionnaire had at...
Products |
MassMutual Selected to Serve MI Health Organization’s Plans
June 10, 2010 (PLANSPONSOR.com) - MassMutual's Retirement Services Division has been selected by McLaren Health Care Corporation as the new...
Products |
Putnam Adds Asset Allocation Tool to Retirement Platform
June 8, 2010 (PLANSPONSOR.com) – Putnam Investments has added an asset allocation application to its Lifetime Income Analysis Tool, its...
Products |
SunTrust Adds Guaranteed Income Option to 401(k) Offering
June 4, 2010 (PLANSPONSOR.com) –SunTrust Banks has added a guaranteed lifetime income investment option, ClearCourse, to its institutional 401(k) investment...
Benefits |
Data Indicates 401(k) Plan Sponsors on the Move for New Providers
June 3, 2010 (PLANSPONSOR.com) – New data from LIMRA finds that, continuing the trend since the third quarter of 2008,...
Benefits |
Insurance Broker Decries 401(k) Disability Policy Uncertainty
June 3, 2010 (PLANSPONSOR.com) – A Danbury, Connecticut, insurance broker says the U.S. Treasury Department has “effectively” done away with...
Employer not Obligated to Make Discretionary 401(k) Match
June 3, 2010 (PLANSPONSOR.com) – A federal judge in Washington, D.C. has thrown out a lawsuit by a 401(k) participant...
Benefits |
AARP Finds Most Employers not Embracing Auto Enrollment
June 2, 2010 (PLANSPONSOR.com) – A new survey from AARP finds that the vast majority (94%) of employers report that...
IRS Provides 401(k) Questionnaire Details
May 21, 2010 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) said a random sample of 1,200 401(k) sponsors this week...