Tag: 401(k) plans

The two items that may require an amendment relate to difficulty of care payments treated as compensation for 415 limits, and the application of cooperative and small employer...

What both candidates have proposed as it relates to the retirement industry. 

Through July 3, companies can save $495 to $995 in setup costs by starting a 401(k) plan.

A payment of $9 million will be made to “fully, finally and forever resolve, discharge and settle the released claims.”

Small 401(k) plans have larger costs than large 401(k) plans, but even plans with the same total assets can have different costs, an analysis from the 401k Averages...

The trend of small trades away from equities to fixed income funds seems to suggest participants were rebalancing their portfolios, not making drastic changes to their investment mix,...

The lawsuit accused Allina Health System defendants of allowing one provider free-reign to add funds to Allina's 403(b) and 401(k) plans, and of failing to monitor investment service...

April marks the 15th month in a row that 401(k) investors have been fleeing equities for the safety of fixed income, Alight says.

They also believe that pensions do a better job than 401(k)s in terms of ensuring retirement security.

The 401k Averages Book also shows smaller plans continue to pay higher fees than large plans.

Dream Forward provides examples of questions and sources of confusion for participants after exploring data from its AI chatbox for participants

With participants not panicking in Q4 2018 and the longer term trends resulting from automatic plan features, Fidelity Investments finds an overall improvement in average participant savings and...

Offering fewer than 12 categories may mean participants are not being given sufficient opportunity to diversify, and offering more than 20 could lead to lower average investment in...

The settlement agreement leaves open a chance to bring a new claim regarding the offering of a money market fund in the plan.

The plaintiffs accused Edward Jones of favoring its own investments and those of its “preferred partners” in its 401(k) plan, at the expense of performance; they also raised...

The Plan Sponsor Council of America’s 61st Annual Survey of Profit Sharing and 401(k) Plans finds only 31.4% of 401(k) plan sponsors use participant income replacement ratios as...

More plan sponsors are making Roth contributions available, automatic enrollment default deferral percentages are increasing, and company match formulas are becoming more generous.

Under the proposed regulations, 401(k) plan sponsors could choose to make additional accounts available for hardship withdrawals.

EBRI and ICI point out that 401(k) account balance growth reflects contributions of employers and workers, in addition to investment returns, and varies with participants’ asset allocation, withdrawals...

The complaint specifically calls out the 11 T. Rowe Price target-date funds (TDFs) offered by the plans, saying they are all adviser or retail class funds—as opposed to...