Browsing Tag
Defined Contribution Plan (DC Plan)
398 posts
A defined contribution (DC) plan is a type of retirement plan where the employer, employee, or both, make regular contributions to individual accounts for each participant. The final benefit amount depends on the contributions made and the investment performance of those contributions, rather than being predetermined. Common examples include 401(k) plans and 403(b) plans.
Sen. Cassidy Introduces Legislation Supporting ESOPs
The two bills would incorporate two additional members to the ERISA Advisory Council and omit ESOP contributions to annual 401(k) limits
Employers Prioritize Fees and Investment Structure in DC Plans
Others focused on fiduciary actions like reviewing their investment policy statement, Callan finds
April Another Very Active Month for 401(k) Traders, Alight Index Shows
Average daily trading data last month was highest since October 2020, latest Alight Solutions 401(k) Index reveals
SoFi and Capitalize Extend Partnership to Offer 401(k) Consolidation
The Capitalize Embedded Rollover API solution is currently available to all SoFi members
DC Plan Sponsors Report Small Engagement with Retirement Income
Despite the low engagement, DCIIA forecasts "incremental" growth with retirement income solutions in DC plans
Vestwell Partnership Allows Savvy Wealth Advisors to Manage Client 401(k) Plans
Deal allows Savvy Advisors to provide retirement plan advisory services for business-owning clients with Vestwell as recordkeeper
Private Equity in 401(k)s ‘Will Happen’ says T. Rowe Price’s Rob Sharps
Building on BlackRock’s Larry Fink endorsing PE in DC plans, T. Rowe Price leader says his company is actively preparing for it during recent earnings call
TDFs Top $4 Trillion Mark in 2024: Morningstar
New Target-Date Fund Landscape report shows CITs now account for 52% of TDF assets, surpassing mutual funds
Supreme Court Supports Cornell Participants in ERISA Suit
The decision allows Cornell University employees another chance in challenging the institution's retirement plan
Retirees Prefer Spending Lifetime Income Over Savings
New study by David Blanchett and Michael Finke finds retirees spend more with lifetime income