Browsing Tag
Defined Contribution Plan (DC Plan)
412 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.
Lawmakers Push Spousal Protection Legislation in 401(k) Plans
The legislation was introduced in both the House of Representatives and Senate last week
NAGDCA Offers Governance Guide for Public Sector DC Plans
The guide includes points on board and committees, plan design, administrative policies and procedures, and more
Top DC Plan Recordkeeper Websites Ranked in New Report
Website experience benchmark report finds TIAA tops among 14 leading recordkeepers, edging out Fidelity
Key Role of 401(k) Auto-Enrollment, Employer Matching Highlighted in Study
New research from ICI and BrightScope says these mechanisms are critical to encouraging workers to save for retirement
401(k) Millionaire Ranks Grew 27% in 2024: Fidelity
Recordkeeper’s latest analysis shows average 401(k) balances were up 11% last year
Plan Sponsors Count on Personalization for Improved Retirement Outcomes
PGIM research finds DC plan decisionmakers are prioritizing adding tailored solutions to workplace plans
Half of U.S. Workers Unaware of Saver’s Credit
As tax season ramps up, TCRS says participants need a reminder of potentially eligibility
Hightower Taps Former AYCO Head as CEO
Larry Restieri previously spent over two decades with Goldman Sachs
Target Date Trends: 15% Growth in 2024; Fees Continue to Fall
New Sway Research report breaks down developments including CIT growth, Vanguard’s new milestone, BlackRock’s LifePath Paycheck intro, and the ongoing decline in fees
Participant Pulse: 401(k) Balances at BofA Grow 16% in 2024
Bank of America’s new Participant Pulse report shows average account balance just over six figures