Featured Jobs
|
Defined Benefit Consultant/Enrolled Actuary Pension Plan Specialists, PC
|
|
Senior Specialist 401k Recordkeeping T Bank N.A.
|
|
New York City District Council of Carpenters Benefit Funds
|
|
Pollard & Associates
|
|
Retirement Planners and Administrators (RPA)
|
|
Great Lakes Pension Associates, Inc.
|
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
|
TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
|
|
Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
Retirement Solutions Specialists
|
|
Greenline Wealth Management
|
|
Fringe Benefit Group
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
1456 Matching News Items |
| 1. |
Points of Plan Design Differentiation Emerge in PLANSPONSOR's Annual DC Survey
PLANSPONSOR; free registration may be required 
Nov. 18, 2011
Whatever your current method(s) of assessment and evaluation, plan sponsors have long appreciated the reality that, while every program may have its own unique set of circumstances and constraints, there is value in being able to compare your retirement plan designs with a valid set of comparables, if only to ensure that your design remains competitive.
|
| 2. |
PLANSPONSOR's 2010 Consultant Survey Includes Information Submitted by 69 Retirement Plan Consulting Firms
PLANSPONSOR; free registration may be required
Oct. 22, 2010
Excerpt: Take a look at this year's compilation of 'Top 10s' in a variety of categories as well as individual listings for customer demographics by plan type and size, types and number of searches conducted on behalf of clients, as well as specific product/service areas of expertise highlighted by the firm.
|
| 3. |
Insights from the PLANSPONSOR Annual Defined Contribution Survey
PLANSPONSOR; free registration may be required
Nov. 30, 2009
"Roughly three-quarters of survey respondents said that they either matched participant contributions or provided a non-elective contribution, though 14.2% said they had never matched contributions. About 5% of this year's respondents had reduced the company match/contribution, with a like number saying that they had eliminated it. Another 5% each were contemplating either cutting or suspending the match. The most encouraging news was that nearly eight of 10 had no plans to reduce, suspend, or eliminate the match. Of those that had cut or suspended the match, nearly one in four planned to restore it for 2010, while roughly 60% said they planned to remain at the cut or suspended level next year."
|
| 4. |
Patients Wary of Employer- and Plan-Sponsored Personal Health Records
Workforce Management; free registration required
June 18, 2007
Excerpt: So far, the public has yet to embrace the records, in part because the main push to promote them has been from health plans and employers. A recent survey found that 52 percent of the respondents were worried about employers using medical information to limit job opportunities.
|
| 5. |
Five Things You Need to Know about QDIAs
PLANSPONSOR; free registration may be required
June 29, 2011
Panelists at the PLANSPONSOR National Conference said that according to the Department of Labor, sponsors still have to do their due diligence in the selection and monitoring of QDIAs. Sponsors need to understand what they're buying, how it works, and how much it costs.
|
| 6. |
2011 Industry Report on 403(b) Plans Reveals Areas in Which the Plans Shine
PLANSPONSOR; free registration may be required
Mar. 1, 2011
PLANSPONSOR's 2010 DC Survey found that compared to the overall defined contribution market, 403(b)s have a relatively high incidence of use of a written Investment Policy Statement (IPS), use of certain investment products, and use of advisers.
|
| 7. |
A Rebuilding Year for DC Plans?
PLANSPONSOR; free registration may be required
Nov. 15, 2010
Excerpt: Just a year after a number of high-profile employers chose to suspend and/or eliminate their 401(k) matches, there was evidence of a modest restoration in the 2010 PLANSPONSOR Defined Contribution Survey.
|
| 8. |
Former EBSA Secretary Raises Questions on Fiduciary Definition Change
PLANSPONSOR; free registration may be required
Oct. 22, 2010
Excerpt: Calling the proposal a 'bull-in-a-china-shop' approach, Bradford P. Campbell, now an attorney with Schiff Hardin LLP, told PLANSPONSOR: 'The undisclosed conflicts DoL cites as justification for the proposal already are prohibited by the new 408(b)(2) regulation. It seems premature to turn a sweeping new class of service providers into ERISA fiduciaries when the new disclosure rules addressing the root of the problem haven't even had a chance to go into effect yet.'
|
| 9. |
2010 403(b) Plan Buyer's Guide
PLANSPONSOR; free registration may be required
Feb. 12, 2010
Excerpt: Recognizing the depth of need and the breadth of resources called for in this 'new' environment, the first-ever PLANSPONSOR 403(b) Buyer's Guide asked providers of any type of service to respond. Consequently, here you will find a variety of providers, from attorneys to plan advisers, TPAs, investment providers, and those who offer audit services. In addition, some responding providers serve all market segments, while others serve only one or two, or only ERISA or non-ERISA plans.
|
| 10. |
Encourage Better Income Decisions for a New Generation of Retirees (PDF)
Pension Research Council, via PLANSPONSOR
Jan. 6, 2008
4 pages. Excerpt: New research and better understanding of participant behavior have underlined both the importance of 'in-plan' retirement income solutions and better ways of executing guaranteed income streams. Some of the best analysis in this space comes from Professor Olivia S. Mitchell of the Department of Insurance and Risk Management at the Wharton School.... PLANSPONSOR interviewed Mitchell and Marc Pester, Senior Vice President of Institutional Income Innovations at Prudential Retirement, on the challenges plan sponsors and participants face in adopting retirement income solutions.
|
| 11. |
DOL Asks for Budget Increase to Implement SECURE 2.0
PLANSPONSOR; free registration may be required
Apr. 17, 2024
"The DOL requested a $13.9 billion total budget for 2025, an increase from $13.6 billion in 2024. [EBSA] would receive $205.7 million under the proposed budget for the fiscal year that begins on October 1, an increase from $191.1 million, with $4.7 million set aside for implementing provisions from the SECURE 2.0 Act of 2022. The [PBGC] would receive $514.1 million in general administrative funding, up from $512.9 million."
|
| 12. |
Corporate Pension Plans Hit Highest Funding Levels in Decades
PLANSPONSOR; free registration may be required
Apr. 14, 2024
"Strong equity returns in March and throughout the first quarter of the year contributed to pension surpluses. Strategists are recommending corporate pension sponsors consider making liability-matching allocations to maintain funding levels when anticipated rate cuts materialize later this year."
|
| 13. |
IBM Wins Dismissal of Lawsuit Challenging Pension Actuarial Assumptions
PLANSPONSOR; free registration may be required
Apr. 9, 2024
"Judge Nelson S. Roman ... [wrote that] the IBM Personal Pension Plan 'statute of limitations is enforceable' ... The lawsuit had argued IBM and the plan administrator committee violated provisions of ERISA when using outdated mortality assumptions when calculating joint and survivor benefits for participants." [Knight v. International Business Machines Corp., No. 22-4592 (S.D.N.Y. Apr. 4, 2024)]
|
| 14. |
EBSA Head Says DOL Continues Honing Retirement Security Rule
PLANSPONSOR; free registration may be required
Apr. 8, 2024
"One key area of refining the proposal is 'the basic issue of what is an investment recommendation and when you cross the line between talking about investments and actually recommending something to someone,' [EBSA head Lisa Gomez] said. 'That is certainly something you will see in the final rule -- more discussion of that.' "
|
| 15. |
Labor Economist Says 401(k) Era Is Ending
PLANSPONSOR; free registration may be required
Apr. 7, 2024
"Labor economist ... Kathryn Anne Edwards ... argued that 401(k) plans alone are failing to solve the retirement crisis in America and that the federal government needs to take a more active role in provide access to retirement savings.... Edwards argued the government should stop subsidizing 401(k) accounts (by making contributions tax-deductible), because she says it uses about 1% of the country's GDP (in potential, unrealized taxes) to benefit the retirement savings of the wealthiest 25% of Americans."
|
| 16. |
Retirement Plan Sponsor Sues Adviser, Alleging Failure to Advise Plan of Amendment Implications
PLANSPONSOR; free registration may be required
Apr. 4, 2024
"Great Lakes Management Co. is suing its retirement plan consultant and retirement plan adviser USI Consulting Group Inc., alleging the firm negligently counseled the retirement plan to change plan contributions to a safe harbor and true-up that caused it to contribute nearly $100,000 over two years.... Great Lakes Management claims USI Consulting Group owed a duty to advise the plan of the implications -- including the cost to the company -- of the amendments, particularly the true-up." [Great Lakes Management Co. v. USI Consulting Group, Inc., No. 24-1093 (D. Minn. complaint filed Mar. 28, 2024)]
|
| 17. |
DOL Alleges Profit-Sharing Plan Fiduciaries Took Retirement Plan Assets
PLANSPONSOR; free registration may be required
Apr. 3, 2024
"The [DOL] has sued a New York tree service, alleging that plan fiduciaries breached their duties to participants of the Trees R Us Inc. Profit Sharing Plan by stealing $149,380 from plan accounts in 2019 and 2020." [Su v. Trees R Us, Inc., No. 24-2472 (E.D. N.Y. complaint filed Apr. 2, 2024)]
|
| 18. |
403(b) Participation Rates Reach Record Highs
PLANSPONSOR; free registration may be required
Apr. 1, 2024
"An average of 83.1% of eligible, active, nonprofit-organization employees maintained a balance in their plan in 2022, nearly identical to the year before -- and up from 76.7% in 2013. ... [T]he average savings rates in [403(b)] plans with Fidelity Investments as the recordkeeper reached 11.5% in the fourth quarter of 2023, up slightly from 11.1% in Q4 2018. In the same period, the total savings rates in 401(k) plans reached 13.9%, up from 13.1% in 2018[.]"
|
| 19. |
PBGC Says Central States Will Reimburse SFA Overpayment
PLANSPONSOR; free registration may be required
Mar. 28, 2024
"[PBGC] responded to a subpoena from a House committee addressing the repayment of a Special Financial Assistance Program overpayment to a multiemployer pension fund, saying the Department of Justice is working to recover the funds.... [The] subpoena requires him to provide documents and communications related to quantifying other potential overpayments to other plans; communications with Central States regarding collection; and communications with other agencies in the executive branch regarding collection, among other items."
|
| 20. |
Aon Projects PRT Market Will Again Climb Above $40B in 2024
PLANSPONSOR; free registration may be required
Mar. 26, 2024
"Aon attributed the growing interest in PRT to three factors: funded status improvement, rising interest rates and increasing [PBGC] premiums.... However, newer entrants to the PRT market, backed by parent companies associated with private equity, have caused some stakeholders to ask for a closer review of the [DOL's] Interpretative Bulletin 95-1, which gives guidance on selecting the 'safest available' insurer for a PRT. "
|
| Next » |
|
Your Search Options
|
© 2024 BenefitsLink.com, Inc.