Tag: 401(k)

In the midst of ongoing litigation regarding excessive fees, plan sponsors need an understanding of the different fund share classes available and how they affect fee structure. 

Nineteen percent of investors polled don’t save at least 10% for retirement, and say doing so would not be easy, and another 19% do not have an emergency...

Plan sponsors can provide participants with a variety of tools to help them determine whether they are on the right track to retire on time.

Financial Independence Selects FSC as Broker-Dealer; Hueler & NISA Collaborate With Focus on Retirement Income; and Capital Fiduciary Advisors Team Joins Bronfman E.L. Rothschild, and more.

Providers are enhancing managed accounts with new features and are seeking to maximize the benefits of these solutions in order to outweigh their costs. 

Of five claims that Starwood Hotels breached its fiduciary duties to its 401(k) plan, a district court judge has moved one forward.

Fiduciaries of the Weinhagen Tire Company 401(k) Plan agreed to an order resolving the DOL's lawsuit claiming the fiduciaries allowed the misdirection and misuse of employee contributions.

A study finds that, overall, 37% of Americans cannot correctly describe a 401(k).

The lawsuit contends layering of BlackRock proprietary funds within its TDFs causes excessive fees for plan participants.

The Lifetime Income Disclosure Act would require employer-sponsored plans to provide participants with statements detailing potential lifetime income from annuities.

Before ultimately finding plaintiffs' claims were time-barred, a judge found Putnam's mutual fund fees were reasonable and a comparison to Vanguard funds was "apples to oranges."

The new DC plan solution combines human touch and technology to make the onboarding experience easier.

An organization comprised of industry advocates and businesses is set out to expand Americans’ access to retirement plans and protect the system’s retirement tax incentives.

 

The generation that practically lives on social media seeks mobile retirement-planning and help from their employers. 

A new study finds Millennials are almost unanimous in their support of TDFs and auto-escalation features; moreover, they want their employers to help them save for retirement.

Most Americans have never hired a financial planner and most say they don’t have enough money or assets to warrant working with one.

This was followed by $835 billion in hybrid funds, which include target-date funds, ICI found.

The generosity and functionality of a retirement plan tends to vary quite a lot according to the type of employer and industry. 

The new tool helps employers compare expenses such as administrative and fund-lineup fees against that of three major recordkeepers.

Among other things, the plaintiff alleges the plan committee ignored the numerous warning signs that Chesapeake was an imprudent investment for retirement assets, and allowed the plan to...