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Retirement Plan Closings Put Pressure on Small Employers
PLANSPONSOR; registration may be required 
Apr. 6, 2023 "Morningstar estimated that the beginning of the pandemic caused the number of plans closing to spike, as more than 40,000 plans closed in 2020. Overall, Morningstar found that mega plans -- those with more than $500 million in assets -- mitigated the pandemic's overall impact, and by 2020, these plans added more than 15.8 million people and covered 45% of all U.S. DC plan participants." MORE >> |
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