Investments

The Multiemployer Retirement Plan Landscape Report: DB Key Findings

Cathe Gooding, CEBS
 

The overall health of multiemployer defined benefit (DB) retirement plans improved from 2020 to 2021. The average multiemployer DB plan net investment return for 2021 was 14.5%, up from 2020 (11.4%), according to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2007-2021) recently […]

Hardship Distributions: Five Questions for Plan Sponsors

Kathy Bergstrom, CEBS
 

It’s become easier for plan participants to take distributions from their defined contribution (DC) retirement plan account balances, but plan sponsors still have a fiduciary duty to ensure that the need for these distributions is real. In the November/December issue of Benefits […]

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 […]

The Multiemployer Retirement Plan Landscape: DB Takeaways

Justin Held, CEBS
 

According to recent data from Horizon Actuarial Services, LLC and the International Foundation of Employee Benefit Plans, the fifteen-year period between 2006 and 2020 was turbulent for multiemployer defined benefit (DB) pension plans. Financial markets were volatile, and 2008 saw the biggest […]

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 […]

Three Trustee Actions During Market Volatility

Jenny Gartman, CEBS
 

Recent bank failures and resulting market volatility have captured headlines in recent weeks, and many individual investors reacted quickly. However, when it comes to fulfilling their fiduciary duty in the face of unexpected news, trustees should remain calm to avoid costly investment […]

Workers Are Stressed Out About Money: 5 Tools to Help

Cara McMullin
 

The uncertain financial world of today is increasing the concerns of an already stressed workforce. A new International Foundation of Employee Benefits Plan study, Workplace Wellness and Financial Education Programs: 2022 Survey Results, indicated that the personal factor most impacted by financial […]