Sentences with phrase «number of plan sponsors»

One in five respondents indicated they do not know if their plan's default is a qualified default investment alternative (QDIA), and half of the small number of plan sponsors who said an equity fund was their default mistakenly thought that fund was a QDIA.

A number of plan sponsors have moved to cover medical cannabis costs over the years, Zaid noted, including the University of Waterloo's student union, the Arthritis Society, Loblaw Companies Ltd., the Ontario Public Service Employees Union (OPSEU), and the Labourers» International Union of North America.

Not exact matches

Around the same time, a number of defined - benefit plans sponsored by troubled companies, including Nortel Networks, GM Canada and DaimlerChrysler, began to falter in the wake of the 2008 stock - market market meltdown and had to be restructured.

But retirement specialists are just what broker - dealers and plan sponsors need now given the new DOL fiduciary rule and the growing number of lawsuits charging plan sponsors with excessive fees (at MIT, Yale and NYU among others) or self - dealing (Franklin Templeton, Neuberger Berman, American Century, New York Life).

A smaller but significant number of respondents who have self - directed retirement accounts (either an employer - sponsored defined contribution plan or a retirement account they manage on their own) reported tapping into their retirement savings.

There are a limited number of employer - sponsored defined benefit plans (pensions) available as it is, said Henry Ford, principal and senior advisor for LifeSteps Financial, a registered investment advisory firm.

So - called 529 college - savings plans — those state - sponsored accounts for college savers in which earnings are tax - free as long as they are used to pay for qualified higher - education expenses — typically let account holders select once a year from a number of investment options.

As a result of this and as plans are becoming more mature with increasing number of retirees, negative net cash flow has become more of a concern for public plan sponsors.

The number of cocoa farmers who've learned how to boost their crop yield with the knowledge they've gained at field schools sponsored by the NESTLÉ Cocoa Plan.

Given that a shrinking number of Canadians have employer - sponsored pension plans, RRSPs will provide thefoundation for many people's retirement savings.

The standard recommendation of life insurance coverage is 10 times your annual salary; this is not the perfect number for every family, but employer - sponsored plans often don't cover this amount.

He suggests plan sponsors align that with the number of fund options in their plans.

«The best example is credit long / short or hedge fund type strategies,» he says, adding that the number of bonds that trade actively and can execute an effective strategy has diminished, so plan sponsors may not have many options in facilitating trades.

Either way, after plan sponsors understand the number of investment funds recordkeepers will provide, Lacey suggests this is the right moment for employers to explore logistics, including underlying investments, costs and more.

Regardless of recordkeeper, plan sponsors generally have a number of TDFs to choose from.

The increased number and variety of issuers suggest that credit and valuation skills will increasingly be in demand from plan sponsors.

However, the median total amount paid per plan sponsor was approximately $ 190,000, indicating that a sizeable number of small and medium sized plan sponsors were helped by ERRP.

Instead of trying to gobble up big gains on the stock market, increasing numbers of the corporate sponsors of traditional pension plans are adopting a lower - risk strategy of only going for returns that match the plans» liabilities, according to a recently released study of pension funding.

Due to the fact that additional sponsors, associated with 1,446 plans, received ERRP funds and did not respond to the voluntary surveys, it is not possible to determine the exact number of individuals who benefited from plan sponsors» receipt of ERRP reimbursements.

Nearly two - thirds of 403 (b) plan sponsors engage an adviser or consultant, and survey results suggest that this number could be on the rise, a Cerulli report says.

A growing number of NQDC plan sponsors offer participants the opportunity to make «in - service» distribution elections.

The news comes as a large number of ERISA lawsuits are playing out in the district and appellate courts across the U.S., testing whether 403 (b) plan sponsors of major universities have sufficiently exercised their bargaining power or allowed inefficient recordkeeping arrangements to persist over long periods of time.

«Advisers now have flexibility to offer plan sponsors and participants a broad menu of fund choices without requiring a minimum number of American Funds beyond the target - date default options when they convert to an American Funds solution,» said Bill Anderson, director of retirement plan business at American Funds.

An IRA can be tailored to your particular needs and goals and can incorporate a variety of investment vehicles, as opposed to the limited number of options available in many employer - sponsored retirement plans.

In 2009 a number a number of dedicated Ambergris Caye anglers got together and decided that it was time to plan a first class fishing tournament on the island. Thus was born the Tres Pescados Grand Slam Tournament. The  «Tres Pescados» Tournament focuses on only three fish  — tarpon, bonefish and permit. This tournament is sponsored by the Ambergris Caye Fly Fishing ClubÂ...

Almost 10 per cent also said they sponsor a pension plan, compared with a negligible number of respondents last year, and around four per cent of firms in 2014.

This information does not constitute de-identified information because there may be a reasonable basis to believe the information is identifiable to the plan sponsor, especially if the number of participants in the group health plan is small.

The standard recommendation of life insurance coverage is 10 times your annual salary; this is not the perfect number for every family, but employer - sponsored plans often don't cover this amount.