Sentences with phrase «of plan sponsors»

Half of plan sponsors do not take advantage of qualified default investment alternative safe harbor protections, a survey finds.

We're committed to offering clear and unbiased investment solutions that serve the needs of plan sponsors and participants.

Only 15 % of plan sponsors offer participants one - on - one advice provided by an independent third party.

Throughout the turbulent economic environment of the last several years, stable value has continued to offer a safe haven for defined contribution plan participants, according to the MetLife Stable Value Study: A Survey of Plan Sponsors and Stable Value Fund Providers.

All types of plan sponsors attempted to maintain affordable health coverage for their active employees and early retirees, while continuing to meet demands for their products and services.

(C) Not use or disclose the information for employment - related actions and decisions or in connection with any other benefit or employee benefit plan of the plan sponsor;

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.

And, if a few of your colleagues complain at the same time, you will be amazed at how quickly it will be taken seriously, because the administrative staff of the plan sponsor usually doesn't get that much feedback.

In 2016 nearly half of plan sponsors defaulted participants at 4 % or more — double what it was 10 years ago.

Therefore they need to act as that advocate, look out for the best interest of the plan sponsor and the participants.»

RxAdvance also push this intelligence into clinical & pharmacy staff of plan sponsors workflow and proactive member engagement through mobile cloud.

But being «good guys» we helped hide the stupidities of plan sponsors, and to some degree, the cupidity of some mutual fund purveyors.

The lower cost of collective investment trusts (CITs) is strongly attracting the attention of plan sponsors, retirement industry executives say.

David Wray, the president of the Plan Sponsor Council of America, once said that the purpose of profit - sharing plans is «to generate goodwill and a feeling of partnership» between employer and employee.

More than half (59 %) of plan sponsors in the not - for - profit sector are concerned that employees will run out of money in retirement, according to a new survey by TIAA.

However, usage does increase with plan size, with the large plan segment (51 %) representing the highest proportion of plan sponsors with auto - enrollment as a plan feature.

However, looking forward, the research found increases in the likelihood of plan sponsors adopting auto - enrollment, automatic rebalancing and auto - increase of deferral rates.

Overall, 17 % of plan sponsors report a top 3 - box score for likelihood to initiate offering auto - enrollment for their respective 401 (k) plans — up from 6 % in 2015.

The report says, «Decreasing use of these features can be related back to the most commonly cited primary focus of plan sponsors need to cut fees.

Eleven of the plan sponsors cut their pension investments in shares by more than 10 percent last year.

In its report, «401 (k) Plans: Clearer Regulations Could Help Plan Sponsors Choose Investments for Participants,» the GAO identified several factors that led the majority of plan sponsors to select TDFs over other QDIAs.

I also know for a fact that aside from individual empowerment or incentives for the financial industry, there are a lot of plan sponsors out there who think either they have a legal obligation to provide choice or they are somehow reducing their legal exposure if they do provide choice when exactly the opposite is true.

For an individual DB plan, the cash inflow and outflow characteristics will help determine the plan's asset allocation, together with the risk tolerance of the plan sponsor.

Reportable Event (for Single - Employer Plans only)- An event that may indicate problems with a plan or a business of the plan sponsor.

ACPM is a national volunteer - based organization acting as the informed voice of plan sponsors, administrators and their service providers in advocating for improvement to the Canadian retirement income system.

Lars represents numerous religiously - affiliated healthcare systems in matters challenging the «church plan» status of the plans sponsored by those systems.

We represent employers, other types of plan sponsors, insurers, administrators and alleged fiduciaries in the full range of ERISA litigation matters and related tax controversies, including complex class actions.

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.

And 20 % of plan sponsors defaulted participants at 6 % or more — three times what it was 10 years ago.

Despite the fact that outsourcing some of a plan sponsor's fiduciary duties can help mitigate the risk of increased fiduciary liability, those who are originally responsible can not completely eliminate their fiduciary duties to the plan.

Richard Davies, senior managing director of defined contribution and co-head North America at AllianceBernstein Institutional Investments, says the finding that roughly half of plan sponsors do not take advantage of QDIA safe harbor protections seems to parallel the finding that more than one - third of plan sponsors do not actually know they are fiduciaries.

Only 16 % of plan sponsors surveyed said this was a priority, compared with 36 % of recordkeepers.