Will Wealth Advisors Start Managing More 401(k) Plans?
More 401(k) plans are being created because of state rules and tax incentives, but most wealth advisors aren’t rushing to get involved. They usually focus...
DC Plan Sponsors
From SIMPLE to Smart: A 401(k) Success Story with a MEP
Joining a Multiple Employer Plan (MEP) makes it easier and more affordable for businesses to offer a 401(k) to their employees. A MEP allows unrelated...
Cerulli: Closing the Retirement Guidance Gap Is Key to Better Outcomes
Employees are hungry for retirement guidance, but many don’t know where to turn for help. This disconnect between need and access has created a significant...
The New Dynamics in 401(k) Plan Management
The retirement plan industry talks a good game about putting participants first. You’ll hear compelling rhetoric about innovative products designed to better serve employees, enhanced...
The Recordkeeping Industry Faces an Existential Moment
The 401(k) recordkeeping industry stands at a pivotal moment. With $12.5 trillion in assets and 121 million accounts, recordkeepers are navigating intense pressure driven by:...
ERISA Advisory Council: 3 Ways to Transform Plan Defaults
The ERISA Advisory Council (EAC) has delivered a roadmap for enhancing qualified default investment alternatives (QDIAs) that could reshape how retirement plan sponsors approach retirement...
Automation Is Reshaping the 401(k) Industry
The 401(k) industry is undergoing a major shake-up. As technology rapidly transforms how retirement plans are evaluated and selected, automation is accelerating a wave of...
Who Belongs on Your Retirement Committee?
When building a retirement plan committee, it’s important to include a diverse mix of people from across the organization—not just leaders or finance professionals. While...
Plan Participants Want Lifetime Income Options But Few Plans Offer Them
Although 93% of 401(k) participants say it’s important for their plans to provide lifetime income options like annuities, most plans still only offer lump sum...
Why Advisor Due Diligence Matters for 401(k) and 403(b) Plan Sponsors
Many plan sponsors are recognizing the complex responsibilities tied to managing retirement plans. While ERISA requires them to act as prudent experts, most lack formal...
