Compass
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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2012 Mid-Year Poll of DB Plan Investment Managers (PDF)
SEI Sept. 16, 2012
"Pension plan sponsors faced a challenging first half of 2012 with continued market volatility and record low interest rates, both of which impacted pension funding and contribution schedules. The average funded status of U.S. corporate pensions fell 2.9 percentage points in July to 68.7 percent - the lowest since 2007.... Almost two-thirds (64 percent) of pension plans surveyed are either closed or frozen, meaning that new employees cannot participate in this retirement benefit; however, only 1 percent of plans having begun the termination process. More participating plans (39 percent) said the pension was between 81-90 percent funded; 27 percent currently fail to meet the U.S. funding minimum requirement of 80 percent."
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