Plan sponsors have moved from DB to DC plans to escape the funding liability, but that liability may be back in DC plans.The term “DB-ization” of DC plans seemed very positive when I first heard it.... Read More
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DC Plan Design
BY Nevin E. Adams, JD | 11/3/2015
A frequent commentary on today’s plan designs is that they are more focused on accumulation than the eventual spend-down of those savings. It’s said that defined contribution plans too often not only... Read More
BY Nevin E. Adams, JD | 9/15/2015
There is frequently a difference between doing all that the law requires of a plan sponsor and doing everything that could be done.Here are five things that plan sponsors don’t always do — but should... Read More
BY Fred Barstein | 8/27/2015
There’s been a lot of discussion recently about whether the "ideal plan" is realistic. Based on the percentage of small and mid-size plans, where the most help is needed, using all aspects of the... Read More
BY Michael Bushnell | 8/19/2015
As DC plans continue to be prevalent in the retirement plan market, 401(k) professionals should consider investment alternatives that have long been popular in DB plans, according to David Kupperman... Read More
BY Nevin E. Adams, JD | 8/11/2015
Advisors and providers often talk about the “ideal” plan — but ideal for what?That’s a rhetorical question of sorts — generally it means “ideal” in terms of providing a better retirement savings... Read More
BY Michael Bushnell | 8/5/2015
In the aftermath of the 2003 Medicare Modernization Act, plan advisors should be structuring plans so that future retirees can save for retirement without exposing themselves to potentially crippling... Read More
BY NAPA Net Staff | 7/29/2015
A new study reveals that an employer-sponsored retirement plan match can more than double average annual plan participant savings — especially for moderate-income households.According to the Hearts... Read More
BY Nevin E. Adams, JD | 7/17/2015
Democratic presidential aspirant Hillary Clinton has rolled out a plan designed to encourage more businesses to adopt profit-sharing plans.Under Clinton’s “Rising Incomes, Sharing Profits” proposal,... Read More
BY Nevin E. Adams, JD | 7/15/2015
A new study casts a shadow on the positive impacts of automatic enrollment, finding that automatically enrolled older workers receive less in annual total contributions.The study, based on data for... Read More
BY Nevin E. Adams, JD | 7/10/2015
Among the respondents to this week’s NAPA Net reader poll, roughly 55% said that fewer than 10% of their plan sponsor clients had an option for participants to choose installment payments as a... Read More
BY Fred Barstein | 6/23/2015
After 100 educational programs conducted by The Plan Sponsor University (TPSU) in a little over two years, it’s clear that few if any plans have adopted the “ideal plan” — even though the benefits... Read More
BY Fred Barstein | 6/22/2015
When a new employee joins a company and is automatically enrolled, he or she starts at the plan’s default deferral rate, which can be as low as 3%. The problem is that many new employees may have... Read More
BY NAPA Net Staff | 6/10/2015
A new lawsuit claims that the auto enrollment concept — as well as contribution acceleration and defaulting into target-date funds — has not only been patented, but the owner is seeking damages for... Read More
BY Fred Barstein | 6/2/2015
At The Plan Sponsor University (TPSU), the final session of our program is designed to engage groups of mostly small and mid-size plan sponsors to create the “ideal” 401(k) plan.Almost all of the... Read More
BY Fred Barstein | 5/29/2015
While there has been plenty of discussion about roll-ins and much concern expressed over cash-outs, little has been done to change things or understand why. To get a better understanding, Retirement... Read More
BY Fred Barstein | 5/21/2015
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
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
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