July Brought Slight Funding Drop for Pensions
U.S. corporate pension plans saw a minor decrease in funded status last month.
Administration
Regulations Are Sponsors’ Primary Concern
Reducing plan costs and reevaluating the investment menu trail regulations for top sponsor concerns.
A Plan Sponsor Hires a 3(38) Investment Manager
Hollis Lamon finds a 3(38) investment manager saves him money and time, improves his fiduciary processes and improves participant outcomes.
A Plan Sponsor Implements a Financial Wellness Program
Addressing all of employees’ financial concerns can increase retirement savings behavior and outcomes.
Beyond Auto-Enrollment: Financial Wellness Education
The third in a series of articles about how to boost retirement plan participant engagement and outcomes beyond automatically enrolling employees.
The Need for a Better K-12 403(b) Plan Design
Lack of awareness, pressure by vendors that want to maintain the status quo and limited provider choice are hindering K-12 403(b) plan sponsors from consolidating vendors and improving...
Communicating About Multiple Retirement Plans
Managing multiple retirement plans can get tricky—especially when different groups of employees are in different plans.
Beyond Auto-Enrollment: Managed Accounts and Advice
The second in a series of articles about how to boost retirement plan participant engagement and outcomes beyond automatically enrolling employees.
Sponsors Should Ask for Indemnification in Provider Contracts
Indemnification clauses cover costs when being sued—but don’t eliminate fiduciary responsibilities.
Liability Decrease Drives Increase in Pension Funded Status
Public pensions and foundations and endowments suffered from low returns.
Beyond Auto-Enrollment: Auto-Escalation and Stretched Match
The first in a series of articles about how to boost retirement plan participant engagement and outcomes beyond automatically enrolling employees.
Workplace the Right Place for Financial Education
Participants of a forum identified the workplace as a potentially effective venue for providing financial education and helping individuals improve their financial decisions.
Pension Funded Status Improves in Q215
Pension plan funded status improved from 80.7% in the first quarter to 83.4% at the end of the second quarter, according to Aon Hewitt.
S&P 1500 Pension Deficit Decreased in June
S&P 1500 pension funded status has improved by 10 percentage points since the end of January 2015.
Nuances of 403(b) Plan Investment Menus
The creation of the modern 401(k) is a complicated story, but the emergence of today’s tax-qualified 403(b) plan is an even more intricate tale.
Bond Yields Boost Pension Funded Status in June
The increase in funding was the result of a larger decrease in liability values compared to the decrease in asset values.
Retirement Plan Onboarding for Younger Employees
Ways to get younger employees engaged with the retirement plan—and keep them there.
Introducing Automatic Enrollment to K-12 403(b)s
“In 22 states, plan sponsors can use automatic enrollment right away,” said Matt Spina, executive vice president and chief operating officer at AdminPartners.
Addressing Retirement Plan Data Security
Retirement plan sponsors have an additional responsibility to protect participant data.
Best Practices for Reducing Fiduciary Liability Risk
There are a number of steps plan sponsors can take to reduce their fiduciary liability risk.