Sentences with phrase «plan sponsors»

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

The ruling and settlement appear to open the door to further legal action by plan sponsors in a similar arrangement with other providers.

Simply put, a 401 (k) is a retirement plan sponsored by your employer.

«The role of the financial adviser is dramatically increasing, not only to help the participants... but also to help plan sponsors making decisions about plan design,» he said.

2017 proved to be another volatile year for pension plan sponsors.

There is relatively strong interest among plan sponsors in adding new types of investment advice.

You will still be required to withdraw funds from plans sponsored by previous employers and from any IRAs you have.

Furthermore there are very few plan sponsors who even know what all the requirements are.

Just as concerning is the assertion that plan sponsors need not act on the disclosures received.

And for defined benefit plan sponsors, the pension plan expense is as volatile as ever.

Women who are participants or beneficiaries in group health plans sponsored by religious employers might not be able to access this benefit.

As a leading provider of defined contribution solutions, we can help reduce the administrative burden on plan sponsors, and help educate and empower employees to plan and save for the future.

More plan sponsors than ever are not taking this risk - they're hiring fiduciary - grade advisors instead.

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

Nothing requires plan sponsors to adopt any of these concepts, but from a best practice perspective, these opportunities bear consideration.

In an evolving retirement landscape, our insights are designed to provide financial advisors with the resources and tools they need to help plan sponsors make informed target date fund decisions.

He stressed the importance of diversification (typically during bad events) and says plan sponsors should question what kinds of things will protect them from the growth - oriented assets in their portfolios.

Large plan sponsors are painfully aware that they will not be rewarded as an early adopter — rather, they are more focused on minimizing risk of litigation.

The paper suggests plan sponsors budget for higher volatility and higher trading costs in their portfolios.

Instead of just seeking high returns, corporate plan sponsors are now trying to match returns to liabilities, a study finds.

401 (k) plans are retirement savings plan sponsored by most employers.

As we explained above, Canadian plan sponsors have traditionally restricted their managers to investment grade bonds, particularly rated A or higher.

That kind of transparency would enable plan sponsors to carry out their fiduciary duty and ensure that the services offered are necessary, reasonable and cost effective.

However, plan sponsors often lack the skills required to properly discharge this obligation.

Among small plan sponsors, the use of managed accounts and target - risk funds as default options is increasing.

They also urged plan sponsors to think more deeply about the fixed - income side of the menu — and about in - plan retirement income options.

This effectively causes plan sponsors to miss out on a significant savings opportunity.

The mobile app looks to increase productivity for when plan sponsors have no access to their desks.

The appetite for passive series was likely driven by retirement plan sponsors seeking lower costs.

What types of health benefit costs were submitted for reimbursement by participating plan sponsors?

Target - date retirement funds are quite practical and, as such, have grown in popularity among plan sponsors and participants in the last decade.

So, why don't plan sponsors take the life insurers up on this?

Plan sponsors typically rely on safe harbor provisions in making fund changes which require them to deliver notices to all participants within 30 days of replacing a stand - alone fund.

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 authors examined the performance of investment managers before and after they were either hired or fired by institutional plan sponsors.

While few plan sponsors would want to return to the dark days of late 2008 and early 2009, the analysis reminds readers that subsequent years have brought their own challenges for pension plans.

This Kit can help plan advisors demonstrate value and expertise while providing a solution to help plan sponsors manage fees.

This conference will help guide plan sponsors on how to build and maintain a diversified, yet simple and understandable investment lineup which engages participation and drives returns for participants.

Carefully thought out default investments solve real plan problems and help plan sponsors feel more confident in automatically enrolling participants into retirement plans.

They also ensure ultimate consistency among reviewers as well as system driven compliance, resulting in lower plan sponsor administrative fees.

The suitability standard is a raw deal for 401 (k) plan sponsors due to their fiduciary responsibility to keep their 401 (k) fees reasonable.

The resources plan sponsors need to stay on top of developments in the defined contribution industry.

Individuals with a 401k plan can usually borrow up to half the value — to a maximum of $ 50,000 — for hardship purposes, which are defined by each individual plan sponsor.