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Ex-Employees' Retirement Assets Help Plan Sponsors Keep a Lid on Fees
Pensions & Investments
Jan. 23, 2019 "401(k) plans with a high percentage of non-active participants risk losing value if they fail to retain the assets of terminated and retired employees.... Almost 3 in 5 plan sponsors (58.1%) have a policy for retaining the assets of non-active participants, up from 43.5% in 2015, according to Callan's research. Among those that had a policy, 70% sought to retain assets in 2018." MORE >> |
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