Data and Research | November 8th, 2024 Plan Design, Flexibility Outpace Employer Contributions Among Plan Sponsors’ Priorities Only 12% of employers in a recent Willis Towers Watson survey reported looking to increase their contributions to defined contribution...
Compliance | July 10th, 2024 Employer Forfeited Funds Complaint Against HP Inc. 401(k) Plan Is Dismissed A federal judge ruled the suit’s ‘theory of liability’ was too broad and dismissed the complaint, which focused on the...
Benefits | May 17th, 2024 What Adding a Fidelity Student Loan Matching Program Means for a Large Plan Sponsor In less than a year in the program, News Corp. reports strong uptake from participants enthusiastic about repaying loans while...
Benefits | November 29th, 2023 Which Matters More When Recruiting, Wages or Benefits? Employers often have to choose between competitive wages and a robust retirement package, according to panelists at a DCIIA conference....
Benefits | November 20th, 2023 Analysts Agree IBM Pension Thaw Benefits Both Participants and Plan Sponsor IBM’s decision to unfreeze its pension is a ‘strong endorsement’ of plan sponsors operating parallel defined contribution and defined benefit...
Benefits | August 24th, 2023 Delta’s Emergency Savings Program Shows Retirement Security Dividends Airline employees enrolled in an emergency savings program have also increased their 401(k) contributions.
Compliance | August 16th, 2023 DOL Sues SIMPLE IRA, Health Plan Fiduciaries for Misappropriation of Funds The Department of Labor claims a New Jersey electrical contractor misappropriated employees’ retirement plan contributions and ended employer contributions to...
Benefits | December 16th, 2022 2022 Plan Progress Webinar Series: Student Loan Debt Benefits A panel of experts in workplace benefits outlined student loan debt assistance benefit options available to employers, in the current...
Benefits | October 20th, 2022 Plan Sponsors Are Grappling with Economy, Considering Benefits’ Spend Despite recession fears and sluggish markets that have affected employers, few plan sponsors are planning to cut retirement benefits this...
Data and Research | December 29th, 2021 Increasing DC Plan Default Deferral Rates a Better Driver of Higher Savings New research evaluates whether a higher default savings rate or a higher match has a greater impact on retirement savings...