Plan Sponsors
Gamification Tips for 401k Education
Before you scorn the use of badges, remember, the company match is the ultimate badge. If you meet a minimum savings goal, the company awards you a “badge” of a matching contribution.
What Fiduciaries Learned About 401k Retirement Saving Over These Last 12 Months
Because things happened so fast, everyday folks could see in real time how long-term financial systems unfold. In the end, this may have been the greatest lesson of all, and it came courtesy of living in the real-world economic laboratory that was 2020.
Why The 401k Fiduciary Can No Longer Remain Apathetic Concerning PEPs
You might think you can ignore PEPs. And you might be in for a surprise.
3 Reasons Companies Should Ditch Their Stand-Alone 401k And Join A 401k PEP
In the end, though, you must remember the PEP is brand new. Not all offerings will offer the same advantages. Some may be designed specifically to forego one advantage to emphasize another.
Plan Sponsor Primer: How is an Open 401k MEP/PEP Different From a Stand-Alone 401k Plan?
Only time will tell, but the smart money is that open 401k MEP/PEPs are a game-changer. Are you planning to sit on the bench or are you suiting up and getting ready to wade in?
Looking Ahead: 401k Plan Sponsors Issues Coming in 2021
If plan sponsors assume things can return to the pre-Covid normal, they risk exasperating existing problems. They’re there and cannot be ignored.
This Is How Small 401k Plan Sponsors Can Best Address Their Unique Needs
The biggest issue when it comes to access is cost. It’s not just the plan sponsor’s sensitivity to higher costs. It’s the service provider’s ability to keep those costs low.
401k Plan Sponsors and Fiduciaries Should Use This Innovative Approach to Employee Education
If you are responsible for 401k participant education or in any form of employee-based financial literacy program, you may want to adopt methods used by others who teach adults.
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