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It also provides a way for retirement plan sponsors to avoid a partial plan termination.
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.
A newly filed settlement agreement stipulates that Norton Healthcare and Lockton will each pay half of a total settlement of $5.75 million, which will be used to compensate plan participants who invested in overly expensive share classes.
In his prepared remarks, Gary Gensler calls the U.S. securities markets the ‘finest in the world,’ while emphasizing the need for ‘clear rules of the road and a cop on the beat to enforce them.’
Investments
| Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
|---|---|---|
| John Hancock Multimanager Lifetime | 77% | |
| John Hancock Funds II Multi-Index Lifestyle Balanced | 8% | |
| John Hancock Funds II Multi-Index Lifestyle Moderate | 5% | |
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Articles and Questions
Boeing Fee Settlement Highlights the High Bar for Large Plans
Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves
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