Compensation Archives - 401k Plan Optimization, Compliance, Investment & Partners

Longevity, Early Retirement Create Unique Challenges for Retirement Plan Sponsors

By Fred Barstein / 401k News, Adaptability, benefit education, benefits committee, Benefits integration, Communication, Compensation, Confidence, DC Plan Sponsors, DC plans, Digital Tools, Diversity equity inclusion, Early retirement, Employee Benefits, Employee engagement, Employee happiness, employer match, Fiduciary, financial literacy, Financial Security, Financial Stress, financial stress management, financial uncertainty, Financial Wellness, Healthcare & other benefits, inflation concerns, Mobile apps, multi-generational workforce, participation, Retirement Income, Retirement Readiness, Retirement Savings Concern

Problem Solution Buttons Show Answers And Guidance

As life expectancy continues to increase, employers are grappling with how to help their workers properly plan and save for longer retirements. According to John...

Annual Benchmarking Is a Must for Plan Sponsors

By Fred Barstein / 401k News, auto enroll, auto escalate, Auto Portability, Benchmarking & Fees (ERISA, retirement plan), Benchmarking & Monitoring Fees & Partners, Benchmarking Fees, Benchmarking Funds, Benefits integration, Communication, Compensation, Compliance, Consolidation, Convergence, cybersecurity, DC Plan Sponsors, Documents & testing, Due Diligence, Fiduciary, Fiduciary, Financial Advisors, Financial Wellness, investment, Recordkeeping, Regs and Regulators, Retirement Committee, Retirement Plan Fees

Evolving regulations mean plan sponsors continue to face increasing scrutiny when it comes to their fiduciary responsibilities. A recent analysis of 50,000 retirement plans in...

Voya’s Acquisition of OneAmerica: What Advisors Need to Know

By Fred Barstein / 401k News, acquisition, Benchmarking & Monitoring Fees & Partners, Change, Compensation, Convergence, Convergence & Advisor M&A, cybersecurity, DC Plan Sponsors, Fiduciary, Financial Wellness, investment, Plan Acquisition

Voya’s recent acquisition of OneAmerica’s retirement division is noteworthy, particularly due to the significantly lower price compared to previous industry acquisitions. This deal highlights the...

How Education Can Transform Auto-Enrollment & 401(k) Participation

By Fred Barstein / adult learning, auto enroll, auto re-enroll, benefit education, benefits committee, Client connection, Communication, Compensation, Confidence, DC plans, Education, Fiduciary, financial wellness, hiring, participation, Plan Participation, Retirement Happiness, Retirement Plan Participation

How Education Can Transform Auto-Enrollment & 401(k) Participation Education is critical for companies when it comes to benefits like 401(k) plans and auto-enrollment because it...

Transamerica: For Most Workers, Retirement at Age 65 Isn’t Likely

By Fred Barstein / Behavioral Finance, benefit education, Communication, Compensation, Confidence, Economy, Emergency Savings, Employee happiness, financial behaviors, financial insecurity, financial stress management, financial uncertainty, Financial Wellness, Health & Wellness, Health Savings Account, healthcare, Healthcare & other benefits, hiring, inflation concerns, inflation stress, personal financial advice, Recession, Retirement Happiness, Retirement Plan Testing, Retirement Readiness, Retirement Savings Concern

When it comes to retirement, many middle-class workers are finding themselves in a precarious position. A significant number of American workers plans to continue working...

Fidelity’s 2024 Plan Sponsor Survey: Evolving Advisor Roles & Expectations

By Fred Barstein / adult learning, auto re-enroll, Benchmarking Fees, Communication, Compensation, Consolidation, Convergence, Economy, evolving and adapting, fee transparency, Fiduciary, Financial Advice, Financial Advisors, financial behaviors, Financial Stress, PEP, Regs and Regulators, Target Date Funds

Fidelity Investments’ 15th annual plan sponsor survey, conducted in January 2024, reveals significant trends and shifts in the retirement plan landscape, particularly in the role...

Fee Compression Driving New Retirement Income Solutions

By Fred Barstein / 401k News, Benchmarking & Monitoring Fees & Partners, benefit education, Communication, Compensation, DC plans, Economy, fee transparency, Fiduciary, Fiduciary, Financial Advisors, Financial Security, financial wellness, inflation, PEP, recordkeeping, Target Date Funds

As the retirement landscape evolves, major players in the industry are introducing new retirement income solutions. This shift is driven by decreasing investment fees and...

How the End of the Talent War Reshapes the Role of DC Plans

By Fred Barstein / Authenticity, benefit education, Communication, Compensation, Confidence, Convergence, DC Plan Sponsors, DC plans, education, Employee engagement, Employee feedback, Employee happiness, employer match, evolving and adapting, Fiduciary, financial behaviors, Financial Stress, Financial Wellness, Financial Wellness, hiring, Inclusion, inflation, War for Talent

The end of the “war for talent” has permanently transformed how employers view and utilize defined contribution (DC) plans. Once seen primarily as cost-management tools,...

Boost Hiring & Retention with Financial Planning in a Competitive Market

By Fred Barstein / 401k News, collaboration, Communication, Compensation, competition, Diversity equity inclusion, Employee Benefits, Employee engagement, Employee happiness, Fiduciary, Financial Advisors, Financial Security, Financial Wellness, Recession, recruiting, Recruiting and Retaining Talent, Regs and Regulators, Retirement Readiness, Retirement Savings Concern

Boost Hiring & Retention with Financial Planning in a Competitive Market The growing demand for financial planning and advice among plan sponsors and employees is...

Emergency Savings Rates are Low, Retirement Anxiety is High

By Fred Barstein / 401k News, Adaptability, Behavioral Finance, Communication, Company Contributions and Vesting, Compensation, debt relief, Economy, Emergency Savings, Employee Benefits, Employee happiness, employer match, evolving and adapting, Fiduciary, financial behaviors, Financial Wellness, inflation concerns, inflation stress, Job growth, recession, Regs and Regulators, Retirement Savings Concern

Most Americans are anxious about being able to retire comfortably. It’s no wonder – few adults can barely afford a $400 emergency, let alone save...