Tag: participant complaints

September 21st, 2018

The Perils of Ignoring Participant Complaints

If a plan sponsor fails to respond, they could face a civil and/or DOL lawsuit

Tuesday, the Dow rebounded 547.87 points (2.17%) to finish at 25,798.42, the NASDAQ climbed 214.75 points (2.89%) to 7,645.49, and the S&P 500 gained 59.13 points (2.15%) to finish at 2,809.92. The Russell 2000 closed 43.74 points (2.82%) higher at 1,596.84, and the Wilshire 5000 soared 636.98 points (2.24%) to 29,082.40.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 3.159%. The price of the 30-year Treasury bond was up 4/32, decreasing its yield to 3.332%.

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Voya Research on Enrollment Default Savings Rates in Retirement Plans Study uncovers opportunity to push enrollment default savings rate much higher in retirement plans
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