December 23, 2005 (PLANSPONSOR.com) - Marshall &
Ilsley Trust Company has developed the new Roth 401(k)
contribution feature for its 401(k) client base for
2006.
“M&I Trust forecasted and began building the
processes necessary to offer the Roth 401(k) to our clients
back in July,” said Mike Shlensky, vice president and
director of transition services, M&I Trust, in a news
release. “We preferred to take a proactive approach to
educating our clients, gauging their interest in the Roth
401(k) and making the option available to their employees.”
In October, M&I launched an education campaign, which
included client seminars, one-on-one client meetings,
worksite employee seminars, Q&A collateral materials
for sponsors and employees, an on-line calculator, and
decision checklists designed to bring companies up-to-speed
quickly.
In addition, M&I’s Web site and recordkeeping
systems have been updated, including added functionality
to track the first Roth contribution date and to
recordkeep Roth contributions and rollovers
separately.
December 22, 2005 (PLANSPONSOR.com) - Here in the
Northeast, it's tempting to pose a question about the transit
strike in NYC - but with luck, by the time we had the results
compiled, it would be over (not to mention the fact that many
of our readers probably couldn't care less).
Instead, this week we honored a NewsDash holiday
tradition of sorts – asking readers to name their favorite
holiday movie.
It was nip and tuck most of the day – but when the day
was done, and the tally taken, ”
It’s a Wonderful Life
” garnered the most support – 22.73%.
Frank Capra’s classic is a long-time favorite of NewsDash
readers — in fact, while this year’s tally was down
slightly from 24% a year ago, it has been our readers’
favorite holiday movie for the past four years.
Not that it was easy.
As one reader noted,
“Hmmm…tough call – White Christmas…no,
wait,…It’s a Wonderful Life…no, wait,…A Christmas
Story…no, wait,…White Christmas…no, wait,…It’s
a Wonderful Life,…no, wait,…A Christmas Story…no,
wait,…White Christmas…no, wait,…It’s a Wonderful
Life,…no, wait,…A Christmas Story…no, wait,…White
Christmas…no, wait,…It’s a Wonderful Life…””
We also had a repeat performance for our #2 film,
A Christmas Story
, which got more than 18% of the vote this year, up from
roughly 14% a year ago (despite
– or perhaps as a result of — its 24-hour TBS marathons).
Nearly to a person, its supporters also saw fit to share
that timeless line, “You’ll put your eye out.”
However, leaping into third place this year was
National Lampoon’s Christmas Vacation
, cited by more than 10%.
That Chevy Chase classic has been making steady progress –
from #4 last year and from #6 the year before that,
although its share of the overall vote was up only slightly
from last year’s poll.
In fourth place was
Miracle on 34
th
Street
, which, with 7.14% of the total, improved on both last
year’s place (#6) and vote tally (5%).
Fifth place belonged to
White Christmas
, as it did a year ago, garnering nearly 6.5% of the vote,
also roughly the same as a year ago.
Sixth place was a tie between the Alistair Sim version of
A Christmas Carol
and the Boris Karloff (not Jim Carrey) version of
The Grinch That Stole Christmas
, each with about 4%.
That was a notable slide for Christmas Carol (#3 last year,
10.5% of the vote), and a move up for the Grinch, which was
stuck in a three-way tie for 8
th
place a year ago with
Rudolph the Red-Nosed Reindeer
(stuck back in the herd this year) and
Christmas in Connecticut
(which barely made this year’s roster).
There were some unusual entries this year – even more
unusual because of their relatively strong support.
Bad Santa
tied with that Bing Crosby classic
Holiday Inn
in 7
th
place (roughly 4% each) – and
Die Hard
(which takes place at Christmas time), which drew nearly
2%, good enough for a four-way tie with
Rudolph
,
The Santa Clause
, and
A Charlie Brown Christmas
.
Also on our list were:
A Christmas Carol (versions starring George C. Scott,
Albert Finney, and Patrick Stewart were cited – there are
reportedly 47 different film versions of this classic),
Elf, Going My Way, Home Alone, Beverly Hills Cop, The
Bishop’s Wife, The Christmas Shoes, The Godfather (there IS
a Christmas scene), Meet Me in St. Louis, The Out of
Towners, Planes, Trains & Automobiles (it involves a
holiday – Thanksgiving), the Polar Express, The Ref,
Scrooged, and The Toy That Saved Christmas.
Once again this week, readers had some interesting – and
often entertaining – insights.
Some of the best follow:
“My favorite is ‘Nat’l
Lampoon’s Christmas Vacation.’
It’s my generation’s ‘It’s a Wonderful Life,’
which is both sad and somehow profound…And Cousin Eddie is
a gift that keeps on giving.”
“My vote is for the ever-popular ‘A Christmas Story’ —
simply because I, too, was triple-dog-dared into licking a
frozen pole.”
Asked to elucidate on the particulars, this reader
responded,
“It was much less dramatic than the movie (of course)
…
a friend got a cup of warm water and that did the trick.
Thank goodness I never asked for a BB gun!”
“National Lampoon’s
Christmas Vacation….we’ve all got a ‘Cousin
Eddie.'”
“Any of them that were shot
in black and white, and are still played on television in
black and white. No colorized or remakes for me.”
“#1 Any movie that happens to
be playing on the display TV’s at any store providing a
momen’ts relief as my wife drags me through endless holiday
shopping.
#2 Any movie I’m watching at home, because that means
I’m not at work.”
“Movies like ‘Miracle on 34th
Street,’ ‘A Christmas Carol,’ ‘How the Grinch Stole
Christmas,’ or ‘A Charlie Brown Christmas’ are all good
contenders.
However, anyone who votes for ‘A Very Brady Christmas’ or
‘Grandma Got Run Over by a Reindeer’ should be banned from
this site.”
The NYC Transit strike was on the minds of a few:
“Today you quoted my
fave—’How the Grinch Stole Christmas’
And the NYC Transit Strike is making me about as cuddly as
a cactus and as charming as an eel.”
“‘It’s a Wonderful Life’
– The story of a Metro Transit Authority employee who gets
an 8% pay raise annually, retirement benefits at age 55,
and only has to contribute 2% to his retirement plan.”
As well as a reader who wistfully noted,
“Would that we had a transit system!”
“‘A Christmas Story,’
no doubt….I’d watch it on TBS for 24 hours straight,
but then Santa might not come to my house….”
But this week’s Editor’s Choice goes to a reader who
picked “Bad Santa,” and then explained,
“Yes, that shows you what 22 years in HR can do to
you….Now Billy Bob Thornton is an HR nightmare….”
Thanks to everyone who
participated in our survey!