Defined Contribution Account Manager Nova 401(k) Associates
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New York City District Council of Carpenters Benefit Funds
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Retirement Solutions Specialists
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Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
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Fringe Benefit Group
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TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
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Greenline Wealth Management
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Pollard & Associates
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Retirement Planners and Administrators (RPA)
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Great Lakes Pension Associates, Inc.
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Senior Specialist 401k Recordkeeping T Bank N.A.
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Record Losses in Pension Funded Status During 2008 Erase Five Years of Gains
Milliman Mar. 24, 2009
Excerpt: The ongoing financial crisis drove the 100 largest corporate pension plans to a record $300 billion loss of funded status in 2008. Asset losses fueled a decrease in funded status from about 106% at the end of 2007 to less than 80% at the end of 2008. Losses continued into 2009 with a $30 billion decrease in funded status in the first two months. At the end of February, the funded status of these 100 pension plans stood at 74%, the lowest level since May 2003.
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