Corporate DC plans

Novant Health goes with Fidelity as record keeper

Novant Health Inc., Winston-Salem, N.C., hired Fidelity Investments as record keeper of its two defined contribution plans, said a participant brochure posted on the company's website.

June 16, 2016 | 12:17 pm
Transamerica: Opportunity exists to extend DC plans to part-time workers

Transamerica: Opportunity exists to extend DC plans to part-time workers

Although a majority of sponsors offer 401(k) plans or other defined contribution plans to employees, a minority offer these retirement savings opportunities to part-time workers, said a report...

June 15, 2016 | 01:26 pm
Vanguard finds soaring use of auto enrollment, target-date funds 10 years after PPA

Vanguard finds soaring use of auto enrollment, target-date funds 10 years after PPA

The percentage of defined contribution plans using auto enrollment rose to 41% in 2015 from 36% in 2014 and 10% in 2006 when the Pension Protection Act was enacted, said Vanguard Group's latest...

June 08, 2016 | 03:57 pm

OrthoCare Florida hires new investment consultant for 401(k) plan

OrthoCare Florida hired Montgomery Retirement Plan Advisors to provide investment consulting and fiduciary compliance services for its $36 million 401(k) plan.

June 02, 2016 | 01:27 pm

Pew: States identify 3 options for broadening private-sector retirement access

At least half the states are implementing or considering retirement savings options for private-sector workers without access to them through their employers, a report released Wednesday by The Pew...

June 01, 2016 | 04:00 pm
American Airlines 401(k)s flying high

American Airlines 401(k)s flying high

Eighteen months after completing a merger with US Airways, American Airlines Group Inc. rolled out two new 401(k) investment menus focusing on consolidation, customization and greater simplicity for...

May 30, 2016
Delta 401(k) participants sue Fidelity alleging fiduciary breach

Delta 401(k) participants sue Fidelity alleging fiduciary breach

Participants in a Delta Air Lines Inc. 401(k) plan have sued units of Fidelity Investments, alleging fiduciary breaches in Fidelity's record-keeping role.

May 27, 2016 | 03:08 pm