Administration

Wilshire Consulting’s 2016 report is based on the most recent financial and actuarial reports of 109 retirement systems.

Executives from MassMutual and Voya Financial discussed trends driving the retirement plan industry.

Analyses by Mercer, Wilshire and LGIMA varied on whether DB funded status increased, decreased or remained the same in August.

A virtual retirement tour helped get more employees enrolled in their 457 plan and employees more engaged in their retirement savings.

Retirement plan sponsors can help by including spouses and partners in educational events.

The trend of public-sector retirement systems reducing investment return assumptions has been going on since 2008.

Advisers are working with more plans today than they ever have—completing more services for more diverse types of clients than was the case prior to the full implementation...

Automatic plan features popularized by the Pension Protection Act of 2006 have helped to drive major change and, for the most part, major improvement in the DC retirement...

The Pension Protection Act of 2006 had good intentions to get pension plans fully funded, but the market environment since the PPA's passage has foiled such plans.

There’s a disconnect in how employers think employees want to enroll in benefits and how employees actually want to enroll.

“Taking into account the aging brain to help people make the right decisions at the right time is important,” says Fred Axsater with SSGA.

Mercer reports the funded status of S&P 1500 DB plans increased 1% in July, while Wilshire says the funded status for S&P 500 plans gained 0.8%.

Aside from provider consolidation, Rocaton Investment Advisors suggests steps 403(b) plan sponsors can take to improve participant outcomes.

Happy with its adviser, Dot Foods only completed the RFP process for due diligence, but what it discovered led it to hire a new adviser.

Adding an annuity option to the plan is similar to adding any new investment to the plan, said Geoff Dietrich of Dietrich & Associates.

“Coaching includes offering communication, education and the opportunity for advice to help employees take an active role in retirement planning,” says Cathy McCabe with TIAA.

Plan sponsors can educate Baby Boomers nearing retirement about what risks they face and provide them with helpful planning opportunities.

The firm introduced the benefit after its own survey found Gen X and Millennial workers delay saving for retirement because of student loan debt.

Mercer finds a 3% decline for S&P 1500 companies and Wilshire finds a 1.8% decline for S&P 500 companies for June, and LGIMA finds a 3% quarterly decline...

A report notes that DC plans for public-sector employees are no longer just supplemental due to changes in state DB plans.