$3M Settlement Reached in Edward Jones Self-Dealing Lawsuit
After a complex set of motions and rulings, the parties have now opted to settle the ERISA self-dealing lawsuit rather...
Tag: 401(k) plans
Minority of 401(k) Plan Sponsors Measure Retirement Readiness as Benchmark of Plan Success
The Plan Sponsor Council of America’s 61st Annual Survey of Profit Sharing and 401(k) Plans finds the most used benchmarks...
401(k) Plan Sponsors Enhancing Plan Design
The availability of Roth contributions has doubled in the last decade, and more plan sponsors are using a default deferral...
IRS Proposes Amendments to Hardship Withdrawal Regulations
If the proposed rules are finalized, there would be no more suspension of deferrals after a hardship withdrawal or requirement...
Study Reveals Staying the Course With Retirement Plans Pays Off
An analysis of participants who remained active in the same 401(k) plans from year-end 2010 through year-end 2016 shows their...
(b)lines Ask the Experts –Limits When Contributing to Both For-Profit and Nonprofit Retirement Plans
“What are the combined limits for someone whose employer has both a nonprofit and affiliated for-profit organization, where the individual...
SURVEY SAYS: 40th Anniversary of the 401(k)
In a SURVEY SAYS marking the 40th anniversary of the Employee Retirement Income Security Act (ERISA), the change to ERISA...
Boomers More Confident in Their 401(k) Than Ever
However, 20% said they do not understand the process for withdrawing money from their 401(k) in retirement, according to a...
Health Care Provider Accused of Excessive Fees in 403(b) and 401(k) Plans
A lawsuit alleges that the defendants failed to take advantage of the plans' bargaining power by only offering actively managed...
Products |
MassMutual Revamps Small Business Retirement Platform
The revitalized programs now offer simplified investment lineups, affordable pricing and fiduciary support services.
August Saw No Above-Normal Trading in Retirement Plans
It marked the second consecutive month of no above-normal trading, the first time this has occurred since May and June...
TDFs Contribute to CIT Growth in 401(k)s
In 2017, target-date funds (TDFs) represent 41% of CIT assets in 401(k) plans, Cerulli Associates finds.
401(k) Participants With Loans Save Less Than Those Without
Alight Solutions found a nearly $100,000 difference in 401(k) savings between participants who had loans outstanding and those who did...
Citigroup Agrees to Settle Proprietary Funds Lawsuit
The financial firm will pay $6,900,000 in settlement.
Legislators Propose Expanded Features for SIMPLE Plans
A new law would raise the contribution limit for SIMPLE plans from $12,500 to $15,500 for the smallest businesses and...
Tax Reform Change to Plan Loans Requires Updates to Documents
The new law extends the time a participant has to repay loans from 60 days after an offset to the...
401(k) Participants Tend to Hold Lower Cost Mutual Funds
The expense ratios 401(k) plan participants incur for investing in mutual funds have declined substantially since 2000, Investment Company Institute...
Recent Dip in Average Fidelity Account Balance Belies Long-Term Trend
Average individual 401(k), 403(b) and IRA account balances increased year-over-year, according to the latest cut of data from Fidelity’s book...
(b)lines Ask the Experts – Dealing With Missing Participants
“I have been reading a lot about missing retirement plan participants lately. If our plan has any, should I be...
Opinions |
Barry’s Pickings: Keeping Employers in the 401(k) System: Fixing 401(k) Fee Litigation
Michael Barry, president of the Plan Advisory Services Group, delves into fee litigation assumptions—and what is wrong with them.