Plan Operations & Admin

Speaking of One Percent: Nudging Employees to Save More
Since the contribution limits were recently raised by 10% for 401(k), 403(b), and most 457 plans (to $22,500), we thought now might be a good time to share creative ways to communicate to your participants the benefits of increasing contributions to their retirement plan. These new, higher limits could strengthen their retirement goal, but participants  Read More →
Provider Consolidation in the Retirement Plan Market: Impacts for Sponsors
Following in the footsteps of many banks and big accounting firms, there’s been a growing trend toward consolidation among retirement plan service providers. But for the most part, less competition hasn’t translated into higher fees for plan sponsors — at least not yet. If anything, the costs for recordkeeping and administrative functions have tended to  Read More →
Cybersecurity Must be a Priority for Plan Fiduciaries
Most 401(k) plans have access to a large pool of funds, making them an attractive target for cybertheft. While stolen funds are devastating, unauthorized transactions aren’t the only goal of cybercriminals. 401(k) accounts contain a plethora of sensitive personal information that can entice hackers interested in perpetrating identity theft and other forms of fraud. Because  Read More →

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