The Basics About Form 5500s
What the DOL and IRS want to know about your retirement plan
Administration
Multiemployer Plans’ Zone Status Remains Stable
The numbers are virtually unchanged compared to data for the previous 12-month period, Segal Consulting finds.
Public Pensions Working to Improve Plans
Lowering costs, reducing return assumptions and experiencing healthy returns is putting a positive spin on public retirement plans’ future.
An Optimistic or Pessimistic Year for DB Funding?
Milliman forecasts both scenarios.
Plan Sponsors’ and Advisers’ Goals Sometimes Misaligned
Plan sponsors are more concerned with operating their plans and avoiding potential liabilities, while plan advisers are more focused on participant outcomes, a survey suggests.
Pension Funded Status Sees Recovery in December
Several firms note that the year-end market rally helped reverse a downward trend for pension funding in 2016.
403(b)s No Strangers to In-Plan Income Products
According to the 2016 PLANSPONSOR Defined Contribution (DC) survey, 27.2% of 403(b) plans offer in-plan income products that guarantee monthly income, compared to 7.3% of DC plans overall.
The Problem With Retirement Savings Models
Retirement savings models often simplify a defined contribution plan participant’s situation, and plan sponsors need to help participants understand that the picture is more complex.
Employers Explore Ways to Boost 401(k) Contributions in 2017
More employers are also addressing financial wellness beyond retirement to produce a healthier, happier and more productive workforce.
Fidelity Predicts Retirement Industry Trends for 2017
An increased focus on education and wellness and plan designs focusing on retirement income are among trends Fidelity sees as gaining more traction this year.
Corporate Pension Deficits Increased in 2016
The aggregate pension funded status for the plans Willis Towers Watson tracked is estimated to be 80% at the end of 2016, compared with 81% at the end...
What Happens When DB Funding Relief Goes Away?
Defined benefit retirement plan sponsors should plan now for the future.
Robo-Advisers to Expand Deeper into DC Space in 2017
Though robo-advisers were once limited to individual investors, automated technology is projected to push further into the DC industry in the coming years.
Recordkeepers Provide a Wide Range of Services
They not only help with employee education and plan benchmarking, but they even supply access to ERISA attorneys.
Retirement Plan Sponsors Should Focus on Different Demographic Groups
Different retirement plan participant demographic groups face various challenges.
DC Participant Experience Will Change Regardless of DOL Rule
Broadridge identified three trends driving change in the retirement industry.
Retirement Plan Communications and Planning Going Digital
Employer-sponsored retirement plan providers are increasing digital offerings, but participants may need prompting to use these tools.
Mercer Suggests Areas for DC Plan Review
Plan design, investments, fees, financial wellness and the DOL’s fiduciary rule are all things defined contribution plan sponsors should consider going into the New Year.