How do plan sponsors approach retaining retirees’ assets in the plan?
In any given month, retirement plan advisors and other industry professionals see more research than they can consume. When we... Read More
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Plan Health
BY Nevin E. Adams, JD | 1/3/2023
This is the time of year when resolutions for the cessation of bad behaviors and the beginning of better ones are in vogue. Here are three for plan fiduciaries for 2023.
Develop a plan budget.... Read More
BY John Iekel | 7/5/2022
Proponents of automatic features for DC plans have long argued that they boost participation and savings rates, and a recent study confirms that belief.
“Automatic enrollment in employer‑... Read More
BY NAPA Net Staff | 6/30/2022
A hack of a New Jersey-based employee benefit and payroll management company serves as a powerful reminder of the need to secure those online participant accounts.
A Maryland man was indicted on... Read More
BY Michael P. Barry | 9/28/2021
Retirement savings—in an IRA, a 401(k) plan, or a defined benefit plan—is, in the end, a project that involves turning present income, via savings and investment, into future income. As such, it... Read More
BY Ted Godbout | 8/17/2021
As a follow-up to its June 2021 How America Saves study, a supplementary report by Vanguard offers four key themes and recommended plan actions that can improve participant outcomes. ... Read More
BY Ted Godbout | 7/19/2021
While it may come as no surprise, new survey results show that auto-enrollment has been an important tool to help young savers get on the right track to saving for retirement early in their careers.... Read More
BY John Iekel | 7/14/2020
Much has been said and written about retirement readiness, and auto features—enrollment and escalation—are widely considered a way to improve it. A recent study has added to the statistics that... Read More
BY Nevin E. Adams, JD | 1/6/2020
A recent survey by the Plan Sponsor Council of America suggests that some plan design feature adoption rates may have plateaued. What’s been your experience?
PSCA’s 62nd Annual Survey of Profit... Read More
BY NAPA Net Staff | 9/10/2018
Since 1999, written investment policy statements have become far more common. Severe equity market downturns, along with litigation alleging that participants experienced disproportionate losses from... Read More
BY Ted Godbout | 8/28/2018
While a majority of employers believe that offering a 401(k) plan is important for attracting and retaining employees, some may be underestimating their significance, according to a new study.The... Read More
BY David Hilton | 10/3/2017
While hacks at Equifax and the Securities and Exchange Commission have dominated the headlines, over the past several weeks, hackers have been attempting – and in at least one case had success – in... Read More
BY John Iekel | 10/2/2017
A recent Tax Court ruling provides a reminder of the importance of verifying that a repayment of a plan loan has actually been made.The ruling, Louelia Salomon Frias v. Commissioner, TC Memo 2017-139... Read More
BY NAPA Net Staff | 3/10/2017
Many things can go amiss in the administration of a 401(k) plan – here are three common errors as told by employee benefit plan auditors.Incorrect Definition of Eligible CompensationAccording to a... Read More
BY NAPA Net Staff | 5/19/2016
There are any number of actions (or non-actions) that can cause problems for retirement plan fiduciaries, but a plan compliance review can help head off future problems, according to a new analysis.... Read More
BY Nevin E. Adams, JD | 5/10/2016
During my recent vacation, I had the chance to check in with some “real” people about their retirement accounts.As I’m sure is the case for many of you, when it comes to my family, I am the de facto... Read More
BY John Iekel | 5/6/2016
Increasingly, a 401(k) plan’s digital platform — both website and mobile — is becoming participants’ main point of contact with the plan, upping the ante on the quality and efficiency of the user... Read More
BY Nevin E. Adams, JD | 5/3/2016
Every so often someone puts out a list of what are said to be the “best” 401(k) plans, based on varied benefits and plan design structure criteria. But for my money, here’s what the best plans do.... Read More
BY NAPA Net Staff | 4/11/2016
The short answer – is yes.A recent blog post by Jackson Lewis’ Randal Limbeck notes that not only is it imperative that forfeitures be handled properly, but that he is aware of situations where... Read More
BY NAPA Net Staff | 4/11/2016
A new white paper outlines some best practices for constructing an effective plan lineup. Not surprisingly, it begins with knowing what you intend that menu to achieve.The white paper, by Vanguard’s... Read More
BY NAPA Net Staff | 3/3/2016
Looking for a way to improve participant portfolio diversification and fees? How about reenrollment?A new report by Vanguard, “Reshaping Participant Outcomes Through Reenrollment,” examines the... Read More
BY Fred Barstein | 2/22/2016
Collective investment trusts, or CITs, are making a strong push into DC plans — and not just larger ones. Research shows that CITs have increased 68% in DC plans since 2008, topping $1.5 trillion.... Read More
BY Nevin E. Adams, JD | 1/19/2016
This is the time of year when resolutions for the cessation of bad behaviors and the beginning of better ones are in vogue. Here are mine for plan sponsors. Put your fund menu on a diet.Though it is... Read More
BY Nevin E. Adams, JD | 10/27/2015
Working with retirement plans is a complicated, challenging, and constantly changing process. That said, there are certain constants — and things that bear repeating and/or reconsidering from time to... Read More
BY Michael Bushnell | 10/8/2015
Plan leakage is a major roadblock to achieving broad retirement readiness, with 45% of DC participants cashing out their plan balances upon leaving their job, according to one report. There are many... Read More
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