Defined Contribution (DC) Plans

Fiduciary Basics for Governmental Plans

Amanda Wilke, CEBS
 

Plan sponsors have a responsibility to protect the interests of employee and retiree participants in their benefit plans. Government plan sponsors for 457 and 401(a) defined contribution (DC) retirement plans should be aware of fiduciary basics and the latest trends to protect […]

Educating DC Plan Participants for the Long Hike to Retirement

Kathy Bergstrom, CEBS
 

Many years ago, I visited Grand Canyon National Park with my mom and aunt. It was unseasonably hot, but I wanted to walk down into the canyon on the Bright Angel Trail. My companions were not up for the hike, so I […]

Missing Participants: Help From SECURE 2.0 and the Latest Best Practices  

Guest Contributor
 

Benefits Magazine Extras articles provide you with bonus content on a mix of benefits topics as well as deep dives and analyses on the latest benefit trends and compliance issues. Foundation members can visit ifebp.org/benefitsmagazine to view the full bimonthly print edition of the […]

2023 Employee Benefits Reporting and Disclosure Calendars

Jenny Gartman, CEBS
 

Plan sponsors and administrators are encouraged to reference these comprehensive calendars to stay on track in 2023. Health and Retirement Plans Subject to ERISA (Includes Multiemployer Plans) Health and Welfare Plans New deadlines in 2023 are: Retirement Plans Defined Contribution Defined Benefit […]

Everything Plan Sponsors Need to Know About SECURE Act 2.0

Amanda Wilke, CEBS
 

On March 29, 2022, the House of Representatives passed the Securing a Strong Retirement Act of 2022 (HR 2954), otherwise known as SECURE Act 2.0, by a vote of 414-5. Secure Act 2.0 builds on the 2019 Setting Every Community Up for […]

The Multiemployer Retirement Plan Landscape: 10 DC Plan Takeaways

Justin Held, CEBS
 

According to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2004-2018), the average defined contribution (DC) plan account balance increased from increased from $18,300 at the end of 2004 to $42,300 at the end of 2018, while aggregate disbursements also grew. The […]

Transitioning from DB to DC: What You Need to Know

Justin Held, CEBS
 

In my years compiling benchmarking data for the International Foundation, one of the most notable trends has been the decreasing prevalence of employer-sponsored defined benefit (DB) pension plans. In the 2011 Employee Benefits Survey, 57% of responding organizations offered a DB pension […]