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:...
investment
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...
401(k) Managed Accounts Can Help Improve Gen X Retirement Readiness
Gen X workers (ages 44-59) face unique hurdles on their path to retirement. As the “Sandwich Generation,” they’re often simultaneously caring for both children and...
Is Your Retirement Plan Advisor Fulfilling Their Fiduciary Function?
Investment oversight is one of your most critical responsibilities as a plan sponsor. But how do you know if your retirement plan investment advisor is...
Market Volatility and 401(k) Plans: Navigating the Impact of Recent Tariff Announcements
Recent market volatility has many retirement plan participants on edge. President Trump’s announcement of reciprocal tariffs on global trading partners on Wednesday, April 2, 2025,...
401(k) Plans Offer a Strategic Advantage in Economic Downturns
Recessions don’t announce themselves with a save-the-date card. When they arrive, plan sponsors and ERISA fiduciaries face mounting pressure to safeguard participants’ retirement savings. The...
Effective Retirement Plan Design Can Help Boost Participation and Savings Rates
Although retirement planning is a top priority for many Americans, significant barriers persist. Nearly one in four workers with access to employer-sponsored retirement plans don’t...
New Auto Savings Features Could Help Address the Job Mobility Challenge
The average employee changes jobs nine times throughout their career, creating a challenge for traditional 401(k) savers. A recent panel discussion hosted by the Brookings...
Forfeiture Lawsuits and Their Impact on 401(k) Plans
A wave of ERISA lawsuits is challenging the common practice of using forfeited 401(k) assets—typically from unvested employer contributions—to offset employer matching contributions rather than...
Why Purist 401(k) RPAs Face Growth Challenges
Independent 401(k) retirement plan advisors (RPAs) who focus only on retirement plans and avoid offering other services like financial planning or investment management are finding...
