The latest edition of the 401k Averages Book estimates that fees for the average small plan (50 participants and $2.5 million) dropped slightly over the last year, from 146 BPs to 144. Larger plans (... Read More
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Industry Trends and Research
BY NAPA Net Staff | 2/18/2014
Last week’s top five most-read posts on NAPA Net reflected keen interest in the EBSA’s ‘Prohibited Persons Project,’ experts’ cautions against myRAs, AOL’s switch to an annual 401(k) match — and back... Read More
BY Fred Barstein | 2/18/2014
In a settlement that still needs to be approved, Rhode Island has agreed to cut back on planned pension reforms for state workers, the Wall Street Journal reports. Favoring veteran employees, the... Read More
BY Fred Barstein | 2/14/2014
What drives retirement readiness? According to research by EBRI using their proprietary Retirement Security Projection Model (RSPM), age, income and health-related expenses are the most important... Read More
BY Fred Barstein | 2/12/2014
What will the asset management business look like in 2020? According to two years of research by PWC, there will be increased opportunities and challenges for an industry that today manages $64... Read More
BY NAPA Net Staff | 2/11/2014
Last week’s top five most-read posts on NAPA Net reflected keen interest in Schwab’s new low-cost ETF platform, a fiduciary redefinition provision in Sen. Tom Harkin’s pension reform bill, correction... Read More
BY Nevin E. Adams, JD | 2/11/2014
I’m not sure exactly when I was introduced to the concepts behind Sir Isaac Newton’s laws of motion. While behavioral finance has laid claim to the concept of (and means of combatting) inertia in... Read More
BY Fred Barstein | 2/10/2014
DC plans and IRAs continued to grow at double digit rates in the first three quarters of 2013, according to the ICI. At the end of Q3 2013, IRA accounts had $6.2 trillion, growing 10.7% since the end... Read More
BY Fred Barstein | 2/6/2014
The independent broker dealer market is hot; the insurance-owned IBD market is not. Following a trend, Midland National Life Insurance Company sold their controlling interest in Sammons Securities to... Read More
BY John Iekel | 2/5/2014
More than 50 million employees in the United States participate in a 401(k) plan, and recent research shows strong employee interest in contributing part of one’s salary to achieve a comfortable... Read More
BY NAPA Net Staff | 2/4/2014
Last week’s top five most-read posts on NAPA Net reflected keen interest in President Obama’s attack on retirement tax incentives, Sen. Tom Harkin’s retirement reform legislation, the findings of... Read More
BY Fred Barstein | 2/4/2014
The ICI’s sixth annual survey tracking sentiments and actions by consumers shows that people have a very favorable impression of the current retirement system, especially 401(k) and other DC plans.... Read More
BY Fred Barstein | 2/3/2014
And the beat goes on. At 16.93% for the year ending Sept. 30, 2013, DC growth was more than double that of DB plans at 8.11%, according to P... Read More
BY Nevin E. Adams, JD | 2/3/2014
On more than a few occasions in my youth, I would misplace some object of importance. Generally it was just something I set aside for just a moment in pursuit of some more interesting endeavor — and... Read More
BY John Ortman | 1/30/2014
Most plan sponsors are reluctant to make a change in their plan if nothing is broken internally. In the absence of some significant pain being experienced, management will normally assume that no... Read More
BY NAPA Net Staff | 1/27/2014
Last week’s top five most-read posts on NAPA Net reflected keen interest in the inclusion of brokerage windows on the DOL’s 2014 agenda, Mohamed El-Erian’s departure from PIMCO, which record keepers... Read More
BY Fred Barstein | 1/27/2014
According to Callan’s recently released 2014 DC Trends Study, the 107 large and mega plans surveyed are expected to take aggressive action toward reducing both fees and the use of proprietary TDFs.... Read More
BY Fred Barstein | 1/27/2014
The percentage of workers over 55 years old has increased dramatically over the last 20 years, and is expected to rise even more in the next 10 years, according to research from the U.S. Bureau of... Read More
BY W. Andrew Larson | 1/23/2014
Only about 14% of small employers sponsor some type of plan to help their employees save for retirement, according to a Government Accountability Office (GAO) report on retirement security and the... Read More
BY John Iekel | 1/21/2014
On the Department of Labor’s radar screen: requiring DC plan administrators to adjust the benefit statements they distribute to provide lifetime income illustrations based on current and projected... Read More
BY Andrew Remo | 1/21/2014
According to a new report by the Congressional Research Service, the “cost” of the retirement savings tax deferral for traditional IRAs and retirement plan contributions for the self-employed is... Read More
BY Nevin E. Adams, JD | 1/17/2014
We tried to introduce our kids to money and financial concepts relatively early. We encouraged them to save some of their monetary gifts, let them put the money in the offering plates at church, and... Read More
BY Warren Cormier | 1/15/2014
Every day we find new factors that are affecting participants’ decisions regarding their retirement confidence, savings behavior and worklife. A common theme is that perception is more important than... Read More
BY NAPA Net Staff | 1/13/2014
Last week’s top five most-read stories on NAPA Net reflected keen interest in a married couple’s tactics for maximizing their IRA contributions, three prevalent criticisms of the DC industry debunked... Read More
BY Nevin E. Adams, JD | 1/13/2014
While each situation is different, in my experience leaving a job brings with it nearly as much paperwork as joining a new employer does. Granted, you’re not asked to wade through a kit of enrollment... Read More
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