Members of the Defined Contribution Institutional Investment Association (DCIIA) recently collaborated on a white paper outlining what they regard as best practices for DC plan design, investments... Read More
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DC Plan Design
BY Michael Bushnell | 5/21/2015
Studies show that more than 40% of workers cash out their DC plan balances when they leave their employer. In the Spring 2015 issue of NAPA Net the Magazine, Warren Cormier explores some reasons why.... Read More
BY Nevin E. Adams, JD | 5/18/2015
One of the most celebrated plan design features of the 401(k) era is automatic enrollment. Nearly as old as the 401(k) itself, once upon a time it was called a “negative election.” But regardless of... Read More
BY Michael Bushnell | 4/29/2015
Numerous organizations have conducted surveys on compulsory enrollment in retirement plans, and the trends are clear: Automatic plan features work — at least when plan sponsors offer them.... Read More
BY Fred Barstein | 4/22/2015
While most DC plans with more than $5 million allow roll-ins, relatively few participants take advantage of the opportunity to consolidate their DC and IRA accounts as part of the process.According... Read More
BY NAPA Net Staff | 4/6/2015
A growing number of employers report that their nonqualified deferred compensation plans are offered “to provide a vehicle for retirement savings.”The ninth annual MullinTBG/PLANSPONSOR... Read More
BY Nevin E. Adams, JD | 2/24/2015
Over the course of my career, I’ve had the opportunity to participate in any number of “projects,” and to manage more than a few.
Some were explicitly tagged as such at the start, while... Read More
BY NAPA Net Staff | 2/17/2015
Plan investment committee members come in all shapes and sizes, sometimes drawn exclusively from staff of the employer sponsoring the plan, sometimes not. More importantly, they are frequently tapped... Read More
BY Nevin E. Adams, JD | 2/10/2015
It has become something of an article of faith in our industry that “leakage,” the distribution of money from retirement accounts prior to retirement, is bad. Bad, of course, in the sense... Read More
BY NAPA Net Staff | 1/28/2015
The ERISA Advisory Council has published its recommendations on facilitating lifetime plan participation. Following up on a series of meetings last year, the Council outlined a series of... Read More
BY NAPA Net Staff | 1/23/2015
Automatic enrollment more than doubles participation rates, at least among new hires, according to a new study. In fact, during the three-and-a-half-year period of the study, the participation rate... Read More
BY NAPA Net Staff | 12/30/2014
All disbursements from a retirement plan scheduled to be made at the same time are treated as a single distribution even if they are sent to multiple destinations. That new rule becomes mandatory as... Read More
BY NAPA Net Staff | 12/10/2014
Though auto features have made dramatic improvements to DC plans, they can be blunt instruments, essentially assuming that one size fits all. Now Buck Consultants has applied for a patent on a... Read More
BY Nevin E. Adams, JD | 12/2/2014
Does your retirement plan have a qualified default investment alternative (QDIA)? Have you worked with plan sponsors who have, or who have considered, adopting a QDIA? What type of QDIA was selected... Read More
BY NAPA Net Staff | 11/17/2014
A new report claims that employees are less likely to take a loan from their 401(k) account if their company also offers an employee stock purchase plan (ESPP). The report by Fidelity... Read More
BY John Iekel | 11/5/2014
We hear a lot about how well Americans are saving — or not — for their retirement. Legg Mason Global Asset Management has unveiled EZ IRA, a payroll deduction IRA program intended to... Read More
BY Ronald J. Triche | 11/5/2014
Have you worked with plan sponsors who have, or who have considered, adopting a qualified default investment alternative (QDIA)? The Government Accountability Office (GAO) wants to hear from... Read More
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