Benefits Archives | Page 13 of 654

Benefits | July 11th, 2023

Complaint Targets Waters Corp. 401(k) Plan, Board, Benefits Panel

The suit, filed in Massachusetts federal court, alleges retirement plan fiduciaries caused participants to pay excessive fees to plan recordkeeper Fidelity Investments.

Benefits | July 10th, 2023

DOL Targets New Jersey 401(k) Plan for Concrete Companies

Concrete producer Di Ferraro Inc. failed to remit employee withholdings and loan repayments to the plan over six years, the Department of Labor alleges.

Benefits | July 7th, 2023

DOL Sues SIMPLE IRA Plan Sponsor for Pocketing Retirement Deferrals

A Minnesota HVAC company is alleged by the Department of Labor to have misappropriated the retirement contributions of its’ employees, according to the lawsuit.

Benefits | July 6th, 2023

DOL Sues West Virginia Company for Fiduciary Breaches

MSES Consultants Inc. failed to fund its health plan for much of 2016, leaving participants and beneficiaries on the hook for health care costs.

Benefits | July 6th, 2023

Pace of New PEP Filings Slowing

Observers expect consolidation as market matures and some slowing due to IRS clarification that expanded the scope of PEPs requiring audits.

Benefits | July 6th, 2023

Supreme Court Ruling Leaves Student Loan Borrowers Looking for Help

Workers with student loan debt may start to feel a pinch when payments resume in October. Plan sponsors have an opportunity to ‘show up’ and help them cope.

Administration | July 5th, 2023

Salas O’Brien Plans to Address Pay, Workplace and Retirement Benefits

Salas O’Brien has plotted changes to compensation and workplace benefits, with Lucas Hellmer as the new director of benefits and compensation.

Benefits | July 5th, 2023

DOL Provides Cybersecurity Tips For Plan Sponsors, Participants

Workers should log-in to their recordkeeper’s website periodically to check online retirement accounts, the Department of Labor's Lisa Gomez advises.

Benefits | July 3rd, 2023

The Retirement Income ‘Low-Hanging Fruit’ Option Open to Plan Sponsors

Plan sponsors and their retirement industry providers can take steps toward facilitating greater coordination and use of systematic withdrawals by plan participants.

Benefits | July 3rd, 2023

AI Has Potential to Improve Plan Design, Expand Retirement Plan Access

Users may not be able to rely on artificial intelligence for financial advice yet, but technological developments are already making plan sponsors more efficient.

Benefits | July 3rd, 2023

Equity in Plan Design Starts With Understanding Demographics, Expanding Eligibility

To provide broader and more equitable access to retirement savings for all participants, plan sponsors should consider auto features, new SECURE 2.0 provisions, and tracking demographics to make...

Benefits | June 30th, 2023

PSNC 2023: DB Plan Design

Speakers advise plan sponsors on what to consider when looking to terminate their defined benefit plans and offering lump sums to participants.

Benefits | June 30th, 2023

PBGC Grants More Than $2 Billion to PACE and National Integrated Group Pensions

Three smaller plans also received SFA assistance.

Benefits | June 27th, 2023

PLANSPONSOR National Conference Coverage

Find out about what you missed.

Benefits | June 27th, 2023

PSNC 2023: Addressing the Health Care and Financial Benefits Tradeoffs

Expert panelists discussed ways employers can strike a balance between offering a variety of health care benefits and mitigating rising costs.

Administration | June 26th, 2023

PSNC 2023: Unique Issues for 403(b) Plan Sponsors

Experts at the PLANSPONSOR National Conference addressed the ebb and flow of employer efforts to align in-plan investments with organizational values.

Benefits | June 23rd, 2023

PSNC 2023: Are You inSUREd?

In the shadow of the recent data breach at a large third-party vendor, experts shared relevant tips for how plan sponsors can protect themselves if and when such...

Benefits | June 23rd, 2023

PSNC 2023: The Overall Benefits Landscape

Employers are challenged to provide comprehensive, understandable and useful benefits for employees, and simplification may be the answer.

Benefits | June 22nd, 2023

Retiree Health Care Costs Flattened Last Year, Fidelity Finds

Plan sponsors with anxiety about the rising costs of retiree health care can find slight relief that estimated expenses stabilized, finds Fidelity Investments.

Benefits | June 21st, 2023

How Plan Sponsors Can Best Support Neurodivergent Employees

Benefit selection and communication will often need to be customized to provide an ‘optimal employee experience’ for those with atypical thought or behavior patterns.