As an employer, you face a challenge: attracting and retaining the right talent is necessary to drive your business forward. At the same time, you likely feel a responsibility to help your employees achieve retirement financially prepared. Your 401(k) plan can help manage both of these goals. Keeping an eye on the latest trends and [...]
For many defined contribution (DC) plan sponsors, offering target date funds1 as a qualified default investment alternative (QDIA) has become almost expected. A target date fund invests based on a particular date, such as the year of a participant’s projected retirement. For many defined contribution (DC) plan sponsors, offering target date funds1 as a qualified [...]
Take a peek behind the scenes of other sponsors’ retirement plans and you may gain some useful insights into ways to improve your own retirement plan. Some key findings in a recent benchmarking report include: The most common investment vehicle was the mutual fund, which held 46% of 401(k) plan assets. In all but the [...]
