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...
Financial Wellness
Less Is More: How Reducing 401(k) Loans Can Boost Retirement Readiness
Improving a company’s 401(k) loan policy is a strategic way to promote both employee financial wellness and long-term retirement readiness. Allowing too many concurrent loans...
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...
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...
Boost Employee Productivity and Retention with Emergency Savings Benefits
Financial stress is silently eroding your workforce—97% of employees are feeling the pinch, and it’s hitting your bottom line with increased absenteeism and plummeting productivity. ...
Financial Wellness Across Generations: Meeting Diverse Needs
When a Gen Z employee and a Baby Boomer face financial stress, they experience it entirely differently—and their approaches to solving it differ just as...
The 10 Biggest Lies Told to 401(k) Plan Sponsors
At the May 401(k) Café webinar for plan sponsors, Fred Barstein, revealed the 10 biggest lies told to 401(k) and 403(b) plan sponsors. Despite ERISA’s...
Recent ERISA Lawsuits May Alter the Future of Retirement Plan Administration
The retirement plan landscape is shifting beneath our feet as a tidal wave of litigation threatens to fundamentally alter how 401(k) plans are administered. With...
